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Macroeconomics & Economic Policy
Tag: became
The Billionaire Boys’ Club: How the Majority of U.S. Venture Capital Became Concentrated at the Very Top
The landscape of American venture capital has undergone a profound and striking transformation, shifting away from the traditional garage-startup archetype and toward a hyper-concentrated model. Today, the vast majority of U.S. venture capital funding no longer flows to bootstrapping first-time entrepreneurs or early-stage innovators trying to build something from nothing. Instead, it overwhelmingly goes to…
