Venture Capital: The industry shaped the past decade. It could destroy the next.
Recently, VCs have been better known for bringing less successful startups into existence, among them WeWork, Juicero, and Theranos.
There are actually thousands upon thousands of dead startups which evaporated billions of dollars.
But nobody talks about it. It’s simply OPM (Other People’s Money)
Is the Monopoly Money game of VC startup investments crumbling? This decade will tell.
Great article from the New Yorker Magazine.