The “Crisis” In Venture Capital

I can't begin tell you how many VCs were more concerned with customer acquisition than the monetization strategy. Furthermore, less focused on early-stage and more focused on growth... does anyone else see the contradiction in that web 2.0 "investment strategy"? Too many finance guys lack operation experience...<p>These results do not surprise me.

Those graphs are a bit sketchy. Kinda deceiving to compare a half year's numbers with a whole year's. The conclusions are right, but there's some psychological manipulation in the pictures.