Howard Hartenbaum says fewer debt deals bodes well for early-stage funds and VCs Sarah Palin is quoted as saying, "Thanks but no thanks on that bridge to nowhere." Howard Hartenbaum, who was an early investor in Skype in 2002 and who joined August Capital this fall, would agree - in the context of investments."Many people think the economic problem is all related to debt, and I tend to agree with that," he said. The big change going forward is that a lot of companies will be funded by equity and not debt, he said. "There's going to be very few cases where companies can raise bridge funds," he said. "The great majorty will be equity and the prices will be considerably lower than the entrepreneurs have been gettng for the past couple years."Hartenbaum, ... [ Read more ]