Too Much Ventured Nothing Gained
from the 325-eBays dept
Everyone knows that a ton of venture capital was raised over the past few years, but Fortune takes those numbers and puts them into perspective. For venture capital to return a healthy 18% on the $252 billion they currently manage, they basically need to have one eBay level success story every 10 days for the next eight years. That's not going to happen. A lot of venture funds are going to lose out. Of course, individual venture funds just need a few small successes to keep going, but many are afraid to invest anything right now, knowing that things might get worse before they get better. I still think it's a good thing that the VCs are getting washed out - and that entrepreneurs are increasingly realizing that there are other ways to build a company than to sell their soul to Sand Hill Road.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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