VCs Pessimistic In General, But Optimistic About Their Own Portfolios

from the and-I-bet-they're-all-above-average-drivers dept

An interesting study about the venture capital market, where venture capitalists seem to be fairly pessimistic about the VC industry over the next 12 months. However, when asked about their own portfolios, they're all optimistic, indicating that they don't expect to see any decrease in their rate of return. Does someone need to explain to them that they're all not above average drivers also?

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