It Ain't Broke: The Past, Present, and F
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Steven N. Kaplan; Josh Lerner
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Article
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2010
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John Wiley and Sons
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This article presents a selective history of the U.S. venture capital (VC) industry, a discussion of the current state of the market, and some predictions about where the market is going. There is no doubt that the U.S. venture capital industry has been very successful. The VC model has provided an