'Innovation has not disappeared, nor will venture capital'. From: Globes | Date: October 26, 2006 | COPYRIGHT 2006 Globes. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

Byline: Batya Feldman

Oct. 26--Is venture capital dead? That was question that came to the surface two weeks ago after "The New York Times" featured an article both in print and on its website with the title "A Kink in Venture Capital's Gold Chain." The article studied the venture capital industry and questioned whether it had a future. Reading between the lines the answer was no.

The event that prompted the "New York Times" to run this feature was a letter sent to investors by prestigious venture capital firm Sevin Rosen Funds, in which it notified them that it was ...

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