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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. In 2010 somebody posed the question on Quora, “Is Mark Suster a Successful Venture Capitalist?” This is what I wrote on that Quora answer from Sept 2010.

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The VC Industry Norms Which Changed Over The Past Decade

Haystack

At the start of 2010, there was some unwritten VC industry conventions that have been tested, challenged, and upended in the last decade. I don’t have the data, but I’d bet the “minimum ownership” requirements VC funds started 2010 with have gone down dramatically. What a difference a decade makes!

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