How Lemming VCs Cause Venture Recessions
Mucker Lab
OCTOBER 12, 2016
Just six months ago, VCs were publishing white papers extolling the virtue of non-bank lending startups, but now no one will touch them with a 10-foot pole. Vertical integration of different funding risks. Whatever happened to IoT after Nest? The investment thesis wasn’t wrong — it’s just that they bet on the wrong horse.
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