Today, nearly 340 Micro-VC firms exist in the US, with another 300+ currently in the market for their first funds (using Prequin data). Anecdotally speaking, I met 1–2 new fund managers nearly every week this year. The natural question that often (and appropriately) gets asked is whether this all is a good thing for the market or not. Like nearly anything in life, there are definitive pros and cons. Medium article evaluating the pros and cons of the rising of the Micro-VC - a
It used to be that successful, upcoming companies would show a prudent mix of present-day profits and future prospects, but such a mix is now considered old-fashioned and best forgotten. Now it’s all potential, all the time. The Signal vs. Noise blog featured an interesting, refreshing perspective surrounding the hype on potential, the full article can be read here.