It’s Morning in Venture Capital
Both Sides of the Table
MAY 23, 2012
Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. So of course returns from 2000-2010 were subpar on average for the industry. By 2010-2011 this had shrunk by half again, averaging under $15 billion. Today’s Normalization. Everybody is now payment ready.
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