The Venture Capital industry is splitting into various segments to serve different “customers,” much like the car companies expanded their product line in the early days of their industry.
So says Chris Dixon, Cofounder of Hunch, an online recommendations site based in New York City, and an experienced investor in early-stage technology companies such as including Skype, Foursquare, Stack Overflow, TrialPay, DocVerse (acq by GOOG), and others. Dixon’s article was picked up recently by BusinessInsider.com
The surplus of venture capital firms today has generated more competition and allowed entrepreneurs to become more selective as to who to partner with. As a result, venture capitalists have become more specialized. They have segmented their services either by industry (IT, cleantech, healthcare, etc.) or by the four distinct stages in the venture financing process.
To read the full, original article click on this link: The New Face of Venture Capital
