The Changing Structure of the VC Industry
Both Sides of the Table
JULY 23, 2014
Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). ” The new narrative is “will my seed funds be able to fund the prorata of their winners?”
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