Derek Urben
A venture allocator with seats as founder, fund manager, and LP observer critiques today's VC market: GPs collecting 2&20 with little skin in the game, fund managers chasing downstream validation rather than durable businesses, and SPV proliferation enabling capital allocation with minimal information, access, or diligence time.
Read the full post on Opus Letter ↗
Topics: Venture Capital & Startups
Published by Opus Letter · their site ↗
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