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READY MONEY: The heyday of easy capital...

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READY MONEY: The heyday of easy capital for high-tech industries is over, but that doesn’t mean capital isn’t available, says Newport Beach investment banker Gregory E. Presson (D6). . . . With 20 to 30 well-connected venture capital firms here, “there is an enormous amount of venture capital available in Orange County that wasn’t available 10 years ago,” he says. “A lot of the high-tech companies here . . . haven’t scored as well as Silicon Valley’s high-tech firms, but in fairness they haven’t been around as long.”

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