Looking to innovate just like the entrepreneurs they back, more than 300 investors gathered at 500 Startups’ Premoney Conference in San Francisco to debate how to unleash the buttoned-down industry.
“The biggest change in venture capital has been increasing the carry from 20% to 30%,” First Round Capital Managing Director Josh Kopelman told the audience, eliciting titters of uncomfortable laughter.
To read the original article: At Premoney Conference, Venture Investors Told To Be More Innovative - Wall Street Journal - WSJ.com
