Image by Zach Klein via FlickrChris Dixon's is a good blog to follow if you want to keep abreast developments in the fast churning VC industry. He is an
entrepreneur and one of those angels that you will read about a lot, people who are changing the face of the game.
Chris Dixon: The segmentation of the venture industry: Venture capital has only existed in its modern form for about 35 years. ...... “customers” (entrepreneurs) have flocked to more specialized “products.” ...... segmentation by company stage. ..... The segmentation of the venture industry is healthy for startups and innovation at large, even if at the moment it might be uncomfortable and confusing for some of the people involved.
I like his conclusion here. He says, and I agree, that the churn has been healthy and the segmentation has been welcome.
Chris Dixon: If you aren’t getting rejected on a daily basis, your goals aren’t ambitious enough: My most useful career experience was about eight years ago when I was trying to break into the world of VC-backed startups. I applied to hundreds of jobs: low-level VC roles, startups jobs, even to big tech companies. I got rejected from every single one..... I had a strange resume .... I probably got rejected by someone once a day last week alone
And I am thinking the guy still has a strange resume.
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