‘Me too’ investing is eating returns

Alan Feld
Contributor




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Alan Feld is the founder and managing partner of Vintage Investment Partners.


For an asset class that should be reinventing itself all the time, it is surprising to see how resistant some venture funds are to change.
As a partner in a fund of funds, I attend a lot of annual meetings, talk with a lot of venture fund general partners and review a lot of investor decks.
What has particularly surprised me is how many funds tell exactly the same story and invest in exactly the same areas: B2B

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