Are venture capitalists an endangered species?
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It’s an interesting question, as investing in private tech companies becomes increasingly competitive.
If nothing else, we’re experiencing the end of venture capital as we know it, according to Sam Lessin of Slow Ventures, who predicts in a recent column in The Information that by next year, nontraditional tech investors will invest more in private tech companies than traditional Silicon Valley VC firms will.
Our data seems to show that’s already the case.
Despite this fact, I do not agree with Lessin’s conclusion: He suggests …
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