Culture Magazine

75% of US Venture Capital Goes to Software [are VCs Betting on the Wrong Future?]

By Bbenzon @bbenzon
In the United States, 75% of venture capital goes to software. Some 5 to 10% goes to biotech. The other sliver goes to everything else—transportation, sanitation, health care. No wonder the pandemic has exposed venture capital’s broader failures. — MIT Technology Review (@techreview) July 1, 2020

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