Silicon Valley Culture

The Changing Landscape of Entrepreneurial Finance: Or Is It?

This is the best info-graphic I have seen on the historical evolution of venture capital, from the early days of Arthur Rock to the current trend of “platform” investors offering the “everything in a box” approach to entrepreneurial investment. The evolving venture capital models are overlayed onto a trend graph of the cost of startups contrasted with the number of startups. At first glance one might accept the now common refrain that traditional “venture capital is dead.” When I began my career in Silicon Valley, the typical entrepreneurial growth company needed $5 to $10 Million dollars to launch itself. Today, the argument is that a promising company can be started on $5000 or less, and competitors eager to serve this new market have mushroomed. But is this really the future?