The ‘voodoo’ of venture capital

By Richard Downes, Washington Correspondent, in San Francisco The Government has announced an investment of around €60 million in a venture capital fund, aimed at putting money into Irish companies and also getting the venture capital firms to set up in Ireland. How realistic is this? Richard Moran is an American legend. He is one of a hundred or so people in San Francisco who are counted in the top tier of venture capitalists.