VC model is “broken”, and there are fewer VC firms now but that does not stop ex Google’ers

BusinessWeek said it first, indicating the VC model is broken. Then we got reports of far fewer VC firms than in 2000. But the newly minted ex-Google guys want to start a VC fund. Why?

1. Well they have the money, so they can.
2. There is real opportunity in the next generation of search – because we are tired of the old way apparently.
3. Its still the best gig in the business.

pic: from Hugh.

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