Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The venture capital market has been contracting globally. U.S. venture capitalists raised a mere $26.6 billion in limited partner commitments in the first half of the year, the lowest level in a decade, according to the latest PitchBook-NVCA data. No set of market participants, venture capitalists, institutional investors or founders, has been left unscathed.
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