The venture capital world is evolving quickly — so quickly, in fact, that it can be hard to keep up with the changes.
Conventional VC networks and outlier identification produce poor returns. (This is due, in part, to financiers’ Pavlovian reaction to entrepreneurs with a diploma from a top-tier school.) As we move forward, crowdsourcing and crowdfunding will be used to augment or replace traditional methods and create the high-return VC of the future.
To read the full, original article click on this link: The new face of venture capital: The rise of crowdfunding | VentureBeat
Author: Kevin Lawton