The Changing Structure of the VC Industry
Both Sides of the Table
JULY 23, 2014
We are in a bubble (with so many private $1bn+ valuations). 15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. Always-on connectivity of mobile (164m US smartphone users). Where are we today? 50x more Internet users (2.4
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