The VC model is not broken. It’s just working too well. (Part I)Posted: June 27, 2012
My new post in my Forbes column:
To venture, or not to venture. The venture capital business is going through one if its periodic Hamlet cycles, which seems to happen historically every decade or so.
Since the publication of the Kauffman Foundation report on venture capital last month—which famously declared that the traditional “investment model is broken”—VC has been taking its share of lumps….