Has VC Lost Its Appetite for Risk?
This article was originally published in Start Up
Executive Summary
It's trendy to question whether the tried-and-true model of venture capital is broken. Specifically, is the economic system that relies on IPOs or acquisitions still wired to reward the risks taken by venture capitalists? But an even more worrisome concern emerged during last month's annual meeting of the National Venture Capital Association-are VCs themselves still wired to take risk?