Why Smaller Venture Funds Do Better

07.29.2010 | 20:07:00 pm | Posted by Cleantech Blog

Guest Blog - Max Branzburg, Clean Pacific VenturesDespite cries to the contrary, the venture capital industry is not broken. The poor performance over the past decade leading critics to write VC off as fun while it lasted has been driven by an isolated segment of the industry: large funds. The red flags are ubiquitous, but LPs today insist on investing in underperforming, oversized funds. Small VC funds as they have throughout the industry's existence continue to deliver superior returns to their investors. The successful small-fund model has been readopted by some VCs, but too m...

 
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