Sources
arian ghashghai
VC is a barbell industry— There are high alpha strategies only small funds can execute. There are high alpha strategies only mega funds can execute. VC consolidation will kill the middle (good) Imo this means back to principles on optimizing for DPI vs mgmt fees
OpenLP 44% of VC capital raised this year went to just two firms. With increasing consolidation in VC, @equalventures' @Rick_Zullo shares insights into the outlook for the industry if we continue down this path. #VC https://t.co/AxGY1cQTFQ
Micah Rosenbloom Good piece! My experience in previous cycles, however, suggests that VCs don't die off in large numbers. They may contract fund size or reduce their ranks. Some move from generalist -> specialized - e.g. go down a specific vertical focus or geography. This is largely due to a… https://t.co/43LuYthMsB
