A venture capital firm looks back on changing industry norms, from board seats to backing rival startups | TechCrunch
Briefly

When firm founder Jeff Clavier started Uncork Capital, he used his savings for six-figure checks, but now oversees billions with industry peers. In 2004, $20 billion was invested, skyrocketing to $350 billion in 2021.
Changes in the venture capital scene have led to new norms. Full-time VCs publicly investing in startups is now acceptable, despite past restrictions. Firms now allow partners to invest in non-competitive ventures with transparency and disclosure obligations.
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