Venture capitalism is changing--
With venture industry shifting, some high-profile investors launch their own boutique funds - SiliconValley.com: "An ongoing, once-in-a-generation shift in the venture capital industry is consolidating more money into fewer hands but creating new opportunities for some Silicon Valley startups. As pension funds and university endowments, unhappy with a decade of relatively flat returns, make fewer bets on venture, the number of big firms continues to shrink: From more than 800 nationwide in the wake of the dot-com bubble to roughly half that today. Yet recently, a small but growing handful of VC veterans have launched their own boutique firms. Some industry experts call it a hopeful sign for better days ahead. . . . "
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