A Venture Capital History Perspective From Jack Tankersley
Feld Thoughts
AUGUST 25, 2015
I sent out a few emails to mentors of mine who had been VCs in the 1980s. As dollars flowed into the industry, cooperation was replaced by competition, to the detriment of deal flow, due diligence, ability to add value and, of course, returns. “By January 1984, investors had turned away from hardware toward software.”
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