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. The remainder failed as a result of the phenomenon of investing in the best deals in their region which typically were not competitive on a national or global scale.
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