Denouement
View from Seed
NOVEMBER 7, 2019
Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. On paper, VC portfolios perform well. We’re only a few months past Sequoia’s famous “R.I.P. Good Times” presentation (Oct 2008).
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