Protect Your Company From a Lame-Duck Investor: 4 Tips  Venture
capital firms go out of business just like anyone else. When
that happens, entrepreneurs need to watch out.   Like any
industry, venture capital goes through periods of expansion and
contraction. When times are good, institutional money flows into
VC firms big and small. For entrepreneurs in need of capital,
it’s a win-win: not only is the cash they need relatively easy
to come by, but it’s generally also easier to convince investors
to be more patient and cooperative.  But what happens when times
are bad?  As many entrepreneurs have witnessed since the 2008
financial crisis, a tough economy often causes institutional
investors to tighten their purse strings and invest their money
outside of VC funds. If they do invest in venture capital, it’s
through larger, more established firms.  Naturally, that makes
it more difficult for the smaller players. When demand exceeds
supply, smaller VC firms often can’t raise subsequent funds and
are forced to co