Well that sure puts it in perspective. Read on for more tidbits about just how bad the crisis made things for VC firms - and how marketing may sorta kinda help you if you’re after a certain very blog-friendly class of entrepreneurs like tech startup founders.
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There are now 526 venture capital firms actively investing in the United States, down from 1,022 firms in 2000, according to the National Venture Capital Association. In the last 10 years, venture firms returned, on average, an abysmal 4.6 percent to investors. Institutional investors are looking to scale back on the asset class and reallocate funds just to top firms, where the competition to raise money and invest in hot technology start-ups is fierce.
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