David Cowan

Richard Waters

There was a strained, unreal air today hanging over Silicon Valley’s Rosewood Hotel, the newest addition to the local venture capital enclave on Sand Hill Road.

This was the setting for Tony Perkins’ annual Venture Summit – always one of the best places to check up on the mood of the Valley’s start-up financiers.

What made it unreal was an odd blend of gallows humour and expectant anticipation. Even in the worst of times, these professional optimists can still find something to look forward to: it’s spelled I-P-O. Read more >>