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Venture capital firm reflects on shifting industry standards, including board representation and investment in competing start-ups.

TechCrunch LogoTechCrunch3w ago

 Venture capital firm reflects on shifting industry standards, including board representation and investment in competing start-ups. - TechCrunch

Quick Summary:

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories.

Both companies say it’s fine, but I can’t help thinking there’s something wrong with this picture.

They might spend $100,000 here or there on a [proof of concept], but it’s very unclear today how much that they’re going to spend, so we have to look for businesses that we think can be durable.


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 Venture capital firm reflects on shifting industry standards, including board representation and investment in competing start-ups. - TechCrunch (Picture 1)

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Article Details

Author / Journalist: Connie Loizos

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-27 @ 01:14:54 (3 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 2170 words

Reading Time: 13 minutes read

Sentences: 101 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21097345

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News Last Updated: 10 hours ago

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