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The only model of institutional seed funding was the “businessincubator” model, where VC firms would fund well-connected founders they knew and incubate them in their office. Because these companies wouldn’t raise VC until they were much further along and had leverage, the balance of power shifted.
Twitter Space: A Gen Z VC speaks up. According to Andrew Chan, a senior associate at Builders VC, GenZ investors “are still a bunch of kids, myself included.” ” According to Andrew Chan, a senior associate at Builders VC, GenZ investors "are still a bunch of kids, myself included." — Clever Canadian.
As in other countries in “COVID 2020”, VC tended to focus on existing portfolio companies. Jerusalem’s economy and therefore startup scene suffered after the second Intifada (the Palestinian uprising that began in late September 2000 and ended around 2005). billion (£7 billion), came from Jerusalem.
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