WHY VENTURE'S FUTURE IS BEING DECIDED BY A SELECT FEW

Summary from the TLDR Founders newsletter

Venture capital is heavily concentrated, with a small number of ultra-unicorns receiving the majority of funding, while mid-tier companies struggle. Companies like OpenAI and Scale AI have raised massive rounds, distorting the funding landscape. The focus on a few giants creates a fragile market, potentially ignoring smaller, capital-efficient businesses that could offer significant returns.