ACQ2 by Acquired cover image

Ben and David on "Capital Allocators"

ACQ2 by Acquired

CHAPTER

The Evolution of Venture Capital

This chapter examines the historical transformation of venture capital, particularly during the transition from the stagnant period of the 80s and 90s to the rise of internet companies. It discusses shifts in investment strategies, changing attitudes towards failures, and the emergence of niche funds as firms adapt to competitive pressures. The narrative highlights the increased complexity of angel investing and the impacts of abundant capital available in today's market, challenging existing industry norms.

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