Great article on the history of VC

There are a number of great bloggers, particularly in the startup, law, and VC spaces. I just saw a great piece by one I was unaware of (hat tip to Eric Young of Caanan Partners to send it out) that provides a deep, data-driven and very insightful recap of the VC industry from the 70s to present. It’s a great read: http://reactionwheel.net/2015/01/80s-vc.html

“the only thing VCs can control that will improve their outcomes is having enough guts to bet on markets that don’t yet exist. Everything else is noise.”