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Start-Up Investors Push Back Against Venture Capital’s Bigger-Is-Better Mantra
🌈 Abstract
The article discusses a small but vocal group of investors who are forming new funds and taking new approaches to counter the recent surge of money into venture capital.
🙋 Q&A
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1. What is the main issue discussed in the article?
- A small but vocal group of investors is forming new funds and taking new approaches to counter the swell of money into venture capital in recent years.
- After nearly 10 years running his own venture capital firm, Nick Chirls decided to call it quits this year, as he had become disillusioned with venture capital growing from small partnerships into an industry dominated by firms that managed enormous sums.
- Chirls felt that the focus on accumulating and deploying as much money as possible "completely dehumanized the entire business."
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1. What led Nick Chirls to quit his venture capital firm?
- After nearly 10 years running his own venture capital firm, Notation Capital, Chirls decided to call it quits this year.
- He had become disillusioned as venture capital grew from a collection of small partnerships into an industry dominated by firms that managed enormous sums.
- Chirls felt that the focus on accumulating and deploying as much money as possible "completely dehumanized the entire business."
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