To paraphrase Pete Cordell: "telling a VC there's already a fund to back X is like telling a songwriter there's already a song about love."https://twitter.com/anamitra/status/1202497469751291905 …
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If there really is a law of symmetry, it seems like Pete Cordell would be in violation of it. (Pete, if you’re reading this, run!
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There are ~600 VC firms
There are ~2,000 PE firms
There are ~10,000 Hedge funds
Are there too many VC funds?
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I’ll go home now