The early-stage venture capital market is weird and chaotic

The early-stage venture capital market is weird and chaotic

4 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/06/22/the-early-stage-venture-capital-market-is-weird-and-chaotic/

When SoftBank announced its first Vision Fund back in 2017, TechCrunch gawked at the size of the fundraising vehicle and its $100 million minimum check size. Noting a few of its early deals, we wrote that “the party is just getting started.”

Little did we know how accurate that quip would become. The Vision Fund poured capital into a host of companies with big plans, or what could at least be construed as grandiose hypotheses about the future. And after deploying $98.6 billion in a blizzard of deals, SoftBank left the venture capital market changed.

The early-stage venture capital market is weird and chaotic

Jun 22, 2021, 4:40pm UTC
https://techcrunch.com/2021/06/22/the-early-stage-venture-capital-market-is-weird-and-chaotic/ > When SoftBank announced its first Vision Fund back in 2017, TechCrunch gawked at the size of the fundraising vehicle and its $100 million minimum check size. Noting a few of its early deals, we wrote that “the party is just getting started.” > Little did we know how accurate that quip would become. The Vision Fund poured capital into a host of companies with big plans, or what could at least be construed as grandiose hypotheses about the future. And after deploying $98.6 billion in a blizzard of deals, SoftBank left the venture capital market changed.