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Scott Stanford, ACME Capital's cofounder.
Scott Stanford, ACME Capital's cofounder, believes major changes are coming for the VC industry.

ACME Capital

  • The venture capital industry could face a big contraction in the near future.
  • Thats's according to Scott Stanford, cofounder and partner at ACME Capital, an early-stage VC firm.
  • Half of today's VC firms will shutter in the next decade, he told BI.

It's no secret: Venture capitalists are hurting.

Tags
Tech, Startups, VC, Startups, economy, Funding, Inflation
Source
A top VC predicts the industry is heading for a massive and enduring contraction