Contrary to common belief, 2008's global financial crisis (GFC) did not significantly change the venture industry like it changed the rest of the financial services.Most funds that continued to invest through the GFC did so in already commercially profitable companies.Since then, investor risk appetite to venture has only grown, but now the industry faces a second crisis wave - that of valuations, an urgent need to fix the lack of transparency, and the need for a truly systemic approach.
#people #information #significantly #transparency #successfully #uncertainty #communication #requirements #accountability #sustainable
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