Manatt Phelps' Jay Rand on tech M&A

"It's an interesting market on the sell side," says Jay Rand, a partner of Manatt, Phelps & Phillips, LLP, in The Deal video. Venture capital firms that still have in their portfolios companies funded in the late '90s are "very, very motivated to get these legacy companies sold or in some cases to go public," says Rand, who advises venture-backed companies and VC firms, including Union Square Ventures, and previously, USV co-founder Fred Wilson's first firm, Flatiron Partners. The interview with Rand is part of our special series on Faces of the Middle Market. Read the full story in The Deal magazine, watch the videos, listen to the podcasts and read the white paper. Watch the video below or download it at iTunes.-- Mary Kathleen Flynn