The ups and downs of venture capital - Globes: "The manic
The venture capital industry rises and falls. The past decade has been full of crises and bubbles that have made it manic depressive. We are now in a lengthy manic stage. In Israel, like the US, enthusiasm is in the air, exits are promised, IPOs are huge, and Microsoft Corporation bought Skype for $8.5 billion.
When the mood changes in venture capital, it means that someone is making money."