The VC Industry Is Too Fat and the Exits Are Too Thin

[qi:115] The venture model is ailing, and folks in the industry are promoting two different diagnoses for the sickness. One group says the industry needs more exits and should promote the return of smaller initial public offerings, while the other says the industry has grown too big in terms of the money it raises and needs to shrink. Both are probably right, but I think firms adjusting for a smaller overall industry will be likelier to succeed. Read More about The VC Industry Is Too Fat and the Exits Are Too Thin