It’s Morning in Venture Capital
Both Sides of the Table
MAY 23, 2012
In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. The Funding Problem. The Exit Problem.
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