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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

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. However, none were based in the Silicon Valley and are probably unfamiliar names to today’s practitioners. Instead, the driver was the 1983 bull market. This isn’t true.