The Changing Venture Landscape
Both Sides of the Table
SEPTEMBER 10, 2021
In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” At Upfront we have always done 40% of our investing in Greater Los Angeles and it’s precisely for this reason.
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