Interesting... what in the market makes it so that VCs can agree this is a problem but keep perpetuating it?
Efficient or inefficient, there must be some market force at play here.
Is it that that's where the largest amount of fund-seeking companies are at - seed stage - and so money is being put into that stage because the deals are there and then it's already committed so more companies seek it and around and around?
Efficient or inefficient, there must be some market force at play here.
Is it that that's where the largest amount of fund-seeking companies are at - seed stage - and so money is being put into that stage because the deals are there and then it's already committed so more companies seek it and around and around?