Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend
Steve Blank
JANUARY 22, 2014
The cloud , open-source development tools and web 2.0 as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest. Late stage large regionally based funds that invest in late stage or mezzanine deals. The inevitable failures then damaged returns.
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