The Changing Structure of the VC Industry
Both Sides of the Table
JULY 23, 2014
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). Summary: Cheap, mobile, social, global, always-on, one-click-purchase =. Where are we today? The iPhone was released.
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