A Venture Capital History Perspective From Jack Tankersley
Feld Thoughts
AUGUST 25, 2015
As dollars flowed into the industry, cooperation was replaced by competition, to the detriment of deal flow, due diligence, ability to add value and, of course, returns. The remainder failed as a result of the phenomenon of investing in the best deals in their region which typically were not competitive on a national or global scale.
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