The venture capital industry is widely expected to contract over the next few years, as limited partners grow increasingly impatient with under-performing firms.
But before you put a fork in the industry, it’s worth noting that a number of new venture firms are popping up across the nation. Since the start of 2009, we’ve counted more than a dozen first-time funds - impressive feats considering that even established managers are having trouble raising new capital.
What do these new funds have in common? Nearly all of them are entirely focused on the earlier stages, helping young start-ups get off the ground.
To read the full, original article click on this link: New Venture Capital Firms In A Shrinking Industry - Venture Capital Dispatch - WSJ
Author:Scott Austin
