Meet The New VCs… Same As The Old VCs?
from the certainly-look-familiar dept
Business 2.0 is running an article about “the next generation” of venture capital firms, suggesting that they’re somehow different from the last generation of firms. Of course, when you look at the details, they really don’t seem all that different. First, they’re going with smaller funds, which is described as under $200 million. Under $200 million really isn’t that small for a VC firm, and plenty of “last generation” VC firms had funds of that size. Second, it says they’re specializing in specific areas. There were a ton of so-called “niche” VC firms in the past that invested in specific sectors or geographies (the two areas described in this article), so again, it’s hard to see what’s especially “new” or “next generation” about this crop of VCs.