When U.S. venture capital funds raised an aggregate $100 billion in 2000, amid an explosion in the number of VC firms, many veteran VCs predicted that such a rapid expansion would NOT be good for the industry.
With annual U.S. economic growth averaging roughly 3% during the 50 years after World War II, there could be only so many lucrative investment opportunities to be had — even in places as entrepreneurial as Silicon Valley.
To read the full, original article click on this link: Entrepreneurs needn't worry about drop in VC returns
