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 …
What makes the quantity too many>? Not reaching goals due to saturation or too much capital for startups/tech breakthroughs? In my opinion.
Yes, but it is the same for every industry it just takes a while for some to fall off and die.
#venturecapital @VentureCapitalN #vcfunds
There are ~600 VC firms
There are ~2,000 PE firms
There are ~10,000 Hedge funds
Are there too many VC funds?