Take Two

Dallas is an entrepreneurial city, but it won’t be driven by venture capital going forward,” said Daniel T. Owen, a venture capitalist at the 16th-floor firm H02 Partners, which plans to wind down its venture business over the next few years. “The pure venture-capital model is really thriving in just Silicon Valley and Boston.

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From the Wall Street Journal, October 14, 2009.

I’m sure Fred Wilson, Brad Feld, and the other VCs outside of Boston and Silicon Valley are sad to hear the model doesn’t exist for them any more.