by Erick Schonfeld: "Respected Silicon Valley venture firm Sevin Rosen Funds is returning $250 to $300 million to investors rather than put it into new startups. It seems to think the venture capital model is "broken" because there is too much money chasing too few good ideas, and for those good ideas that are funded, the IPO and M&A markets are not offering enough homerun returns to justify all the initial investments."
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