The loss of first check investors

 Victor Basta hit a nerve with his article on TechCrunch last week describing the “implosion” of venture capital over the past 36 months. Using PitchBook data, he found that the total number of VC rounds committed to startups has declined, even while dollars invested has remained mostly static. Silicon Valley is no longer making it rain so much as it is making it trickle. Read More

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