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These trends and actions aren't arbitrary. It's a reaction to the fact that the world is becoming increasingly "Winner take All". VCs, having enough informati
by pascalxus 8y ago
These trends and actions aren't arbitrary. It's a reaction to the fact that the world is becoming increasingly "Winner take All". VCs, having enough information to recognize this fact, are now shoveling more and more money into fewer and fewer investments.
On the plus side, I hope that means we'll get more companies that are truely taking on Moon Shot problems and not just building another useless app we don't need.
The danger on the other side, is companies that use those large funds for rent seeking behaviors that hurt consumers in the long run.