Understanding Changes in the Software & Venture Capital Industries
Both Sides of the Table
JUNE 28, 2011
I will argue that LPs who invest in VC funds will also need to adjust a bit as well. We paid 10% of the normal costs for the software and that money was for software support. These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry.
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