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Venture industry decline?

• donna 19y ago
  from the article's comments: "If we think of VC as resellers and our startups as the marketable product, then the problem is really that there is not many customers (i.e., liguidity opportunities) for companies. On top of that, it does not take much to build a company these days, so it is non-trivial for the VC's to tell a story when they are trying to raise money. [...]"