A Venture Capital History Perspective From Jack Tankersley
Feld Thoughts
AUGUST 25, 2015
Secondly, the driver of returns for the funds raised in 1978 – 1981 was not their underlying portfolios, at what stage, or in what industries they were built. There are five key risks in any deal: Market, Product (a/k/a technology), Management, Business Model, and Capital. Instead, the driver was the 1983 bull market.
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