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So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.

All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.

There's almost too much venture capital in India - there are issues with seed capital, but for venture capital, there's a lot money chasing deals here.

Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology.

There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs.

Many of the best firms historically in venture capital have been multi-sector.

Some big banks remain wary of venture capital.

Anytime there is a new, interesting space that comes along, there are a bunch of companies that enter the market.

The best early-stage venture capital investments appear obvious in retrospect; however, very few of them are actually obvious when you make them.