Detailed text transcripts for TV channel - MSNBC - 20111102:20:34:00
Stage very early stage. that's what i want to address. with apologies i'm only going to address part of your question. >> that's fair. >> something interested happened in 2008 and we saw it happen again now. the valuations of the companies at the earliest stages, companies that may be worth less than $10 million, there's not a appropriate to us drop. what does happen is we continue to have and continue to be challenged by the need for early stage capital. this is -- this is not going to go away. take a look at what the vcs are doing. venture capital is second in israel only to the u.s. it is -...