The tech market has experienced a crash that affected many investment firms, especially Tiger Global, which focused on rapid investments without preparing for downturns. This shows the importance of balancing speed with caution in investing.
Emerging 'Venture Platforms' will likely dominate the market by leveraging their scale and resources, creating stronger advantages over smaller firms. It’s about using size to deliver better services to startups.
Venture capital is moving into an 'asset accumulation' phase, where larger firms will capture more market share, which can lower overall returns for investors. This shift poses challenges and opportunities for smaller funds and their strategies.