Harrison: The failure rate of venture capital funds will accelerate
Kyle Harrison · Kyle Harrison: Why 75% of Active Investors Will Disappear in the Next Few Years | 20VC #940 · 20VC with Harry Stebbings · Oct 21, 2022 · at 19:04
Kyle Harrison, General Partner at Contrary, discusses firm mortality in venture capital and how internet-speed feedback loops shorten the lifespan of weak funds.
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“So maybe it took multiple decades for a firm to die in the sixties and seventies and whatever eighties, maybe it took it, maybe it's taking a decade, you know, nowadays or last few years, I think that that pace is going to increase. Like information gets disseminated more quickly. Companies scale more quickly for better or for worse. Venture firms have an impact on them. All of those things are going to happen faster and faster.”
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