Venture Capitalists Are Best Kept At A Distance - Congoo

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Venture Capitalists are Best Kept at a Distance

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Infectious Greed | July 02, 2009

There is amusing (in an admittedly academic sense) new paper out seemingly showing that venture capitalists obtain a significant portion of their performance by investing in deals outside their local area. That, of course, runs contrary to the usual VC mantra that they only invest in their local are...

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