The Boston Globe Venture Capital column
Venture capitalists have always been quite comfortable at risk. That is what it pays to the size of companies and constitute an act of bet that money invested in generating profits.
But there is another element of risk that in the life of the Venture investors. It liability risk or the possibility that it could be.
Welcome to the post-Enron, post-bubble, post-billion fund era of venture capital. The latest evidence that the clubby Gentlemen day of the operation is over, VC-enterprises are increasing demand for insurance protection against the risk of litigation. They are made as much as $ 200000 per year for coverage and prices have soared, as insurers demand higher prices for what they see as a proposal increasingly risky.
Frank McDougald, manager of insurance brokerage Marsh USA Inc., has many customers Venture in Boston, said he saw a doubling of risk political capital in nine months. And it is more and more applications by two weeks of Chief Financial Officers venture of society.
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