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Why Some Tech Veterans Are Wrong on Consumer Investing On April 28th, Jenna Wortham and Claire Cain Miller wrote an interesting piece in the New York Times that discussed venture capitalists' growing interest in food start-ups. According to research firm CB Insights, VCs invested $350 million into food startups in the last year, up 37% vs. the prior year, though still less than 1% of total VC investment. I have quoted other figures in Disrupting Finance (4% of angel investments are in consumer, 5% of venture capital investments) that are directional...
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