Paul Martino has a theory about venture capital: groupthink is killing it.
A few years back, Martino was fresh off selling his media analytics company when he noticed an odd gap in the investment marketplace. There were tons of investors vying to be first to discover hot new technology startups. There was also stiff competition among established venture firms for a spot in the late-stage mega-rounds to finance companies that had already made it big. But few investors operated in the middle.
