There’s big trouble in venture capital land, with allegations of wild spending, electronic snooping and unhinged management dragging a slew of funds through the mud. That could be a shocking foretaste of a coming VC massacre, according to some analysts.
In just the past few months, one $100 million VC fund linked to Harvard University was ripped open by claims of violence and fraud; a Silicon Valley fund is accused of spending itself into insolvency; and a Bay Area fund disintegrated amidst petty infighting and arguments over travel expenses.
