VC Power Shifts; Reporter Breaks SV Culture
Summary
The balance of power between startup founders and venture capital is recalibrating while institutional critiques gain mainstream recognition.
- VC Power Reverses Founders now dictate terms as the market shifts away from peak funding environment 1.
- Journalist Wins Award Stanford senior Theo Baker earns George Polk Award for exposing elite startup culture 2.
- New Book Launch Baker’s critique of Silicon Valley, titled “How to Rule the World,” is set for a May 19 release 2.
- 105 - Leslie Feinzaig secured her initial VC round funding from this many LPs 1.
- May 19 - The release date scheduled for Theo Baker’s exposé on startup practices 2.
Key Moments
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Leslie Feinzaig secured investment almost entirely from individuals, funding her first round from 105 LPs.
— Article [1] -
Theo Baker, Stanford senior, is the youngest recipient of the George Polk Award for his reporting.
— Article [2]
Different Perspectives
Supporting View
VCs confirm the market dynamic has 'switched,' empowering founders in deal-making.
Sources:
[1]