How Venture Capital works in the Internet Security market

Interesting article over at Robert Graham's blog, using a recent startup flameout as an example of how the VC work works.  My track record has been sort of all over the map - at a successful IPO, at a successful acquisition, at a long, protracted zombie existence.  Robert lays it out the way it is.

If you're interested in how capital fuels Internet Security, this is a great article.