Deep tech VC Sidney Scott explains why he's closing his firm as this area booms | TechCrunch
Briefly

Scott closes his $5 million VC fund started in 2020, citing 'a wild ride' and auctioning his vests to symbolize his exit from VC rat race.
Despite a solid 30% net IRR performance and successful investments in companies like SpaceX, Scott decided to shut down the fund due to evolving market dynamics.
Read at TechCrunch
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