Winblad says dollars going to private equity 'frightening'

Ann Winblad criticized the amount of money flowing into private equity -- of which venture capital is just a small portion.
"It's a frightening number," she said.
"I don't know how you invest $15 billion. How many (leveraged buyouts) are available out there for the amount of dollars going to private equity," said Winblad, a founding partner of Hummer Winblad Venture Partners, told about 65 people attending a luncheon Thursday for the Financial Women's Association of San Francisco.