Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend
Steve Blank
JANUARY 22, 2014
Late stage large regionally based funds that invest in late stage or mezzanine deals. They failed due to: the dearth of deals in the region that have IPO potential and. With a portfolio of at least 20 investments, or you are at risk of the adverse selection problem.) Large regionally based early stage funds have mostly failed.
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