A Venture Capital History Perspective From Jack Tankersley
Feld Thoughts
AUGUST 25, 2015
As dollars flowed into the industry, cooperation was replaced by competition, to the detriment of deal flow, due diligence, ability to add value and, of course, returns. “By January 1984, investors had turned away from hardware toward software.” By 1994 the big software wins of the 1980’s were already funded or public.”
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