Golden Age of Venture Capital

Coming: the Golden Age of Venture Capital?

Wall Street Allocating Capital  . . . to Itself Once upon a time, Wall Street’s reason for being (“raison d’etre,” if you want a fancy term) was to efficiently allocate capital from suppliers of capital (aka “savers”) to those who could most productively use it — typically young, promising companies. At least, that’s how I...
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