Between the dismal exit history, defecting LPs, worthless secondary markets, and massive position devaluations, venture firms are facing an apocalypse right now
via TheFunded.com: The VC Apocalypse: Careful with Your Time.
No. Just as “literally” means “literally,” ”apocalypse” means “apocalypse,” as in the end of the world. I would accept that the end of the world was nigh for venture capitalists if and only if Communists were storming Bertie Wooster’s flat.
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