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The VC industry needs to rip up the playbook and start again

The boom is over but Silicon Valley’s optimism is masking problems with investor capital and returns

©The Financial Times Limited 2020 Oct 20, 2023 / 10:43 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
The VC industry needs to rip up the playbook and start again

The extraordinarily loose monetary conditions after the global financial crisis of 2008 let VCs raise cheap money and hurl it at fast-scaling companies.

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