The venture capital industry is experiencing concentration of winners, like the rest of the economy. This drives how venture capitalists (“VCs”) make decisions. Entrepreneurs seeking money need to understand this behavior to craft their financing strategies.
At this year’s annual meeting with our investors we presented an overview of industry trends based largely on new data released by a partnership between the National Venture Capital Association (“NVCA”) and Pitchbook.com. Here’s a brief summary of the lessons we found in this data.
