Has VC Become So Big It Must Be Disrupted?
Tom Tunguz
JANUARY 26, 2020
Then these firms raised larger funds to invest in LBOs, but they diversified, too. The competitive dynamics in the market where access to invest is more valuable than capital. 2018 and 2019 exceeded the heady days of 2000 in terms of dollars deployed. The LBO was reinvented after the Savings and Loan Crisis in the 1980s.
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