More Startups Have an Unfamiliar Message for Venture Capitalists: Get Lost


#TIA – Startups are beginning to question the venture capital hands that once were their bread and butter

On a sunny Saturday morning in New York City a few months ago, a group of 50 startup founders gathered in the dank basement of a Lower East Side bar. They scribbled notes at long tables, sipping coffee and LaCroix while a stack of pizza boxes emanated the odor of hot garlic. One by one, they gave testimonials taking aim at something nearly sacred in the technology industry: venture capital.

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