I’m skeptical of the implicit claim that they’re all the same. It seems rather difficult to prove?
There is an explicit claim in the essay that says they aren't all the same.
Third bullet point says "a handful of venture capital firms have become 'do everything' funds that combine private equity with their existing VC businesses".
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There is an explicit claim in the essay that says they aren't all the same.
Third bullet point says "a handful of venture capital firms have become 'do everything' funds that combine private equity with their existing VC businesses".