Where are the Deals? How VCs Identify the Next Generation of Startups
David Teten
FEBRUARY 3, 2014
But in practice, these phenomena create a tremendous volume of startups, which investors then have to filter. The venture capital industry is continuing its evolution from an upside-down pyramid (typically 3-10 Partners, plus some administrative support) to a traditional hierarchical pyramid. Angel groups using Gust. 2009) [ii].
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