Venture capital is a fickle, prickly industry.
Like any investor, too many venture funders follow the herd, and place the bulk of their bets on the next “hot market.”
When the expected profits in that market don’t materialize, or materialize and then dry up, venture capitalists snap their checkbooks shut, grab their Armani briefcases, and head for the door.
ADVERTISEMENT In other words, venture capitalists are prone to boom-and-bust markets, too.
To read the full, original article click on this link: Venture capital’s boom-and-bust cycles
