Given how many startups have received venture capital (especially recently), I was somewhat surprised when I read a comment from pg: "VCs will only invest in a

Given how many startups have received venture capital (especially recently), I was somewhat surprised when I read a comment from pg: "VCs will only invest in a startup if they think it has a chance of an IPO." http://news.ycombinator.com/item?id=3550238 http://news.ycombinator.com/item?id=3550238 If that's the case, it seems VCs have relaxed their criteria for what makes a startup a potential IPO candidate.