VC priorities continue to be utterly out of whack with the world's real needs.https://twitter.com/techreview/status/1278367378628321282 …
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And then also a devolution of power to the local level as Congress/Federal becomes more intractable that makes it hard capture new markets bc you have to go city by city or state by state rather than having transparent national norms
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And also the transition from a small set of "startup" finance vehicles into a large, formalized class of capital... More LP stakeholders who are sold and expect a more predictable return. There's way less incentive for risk taking in most VC partnerships.
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