Smart companies are adapting as the growth capital market has evolved

Disruptive tech companies are good at product and business model innovation, but they can be just as guilty as a Cleveland steel mill of “way we’ve always done it” operating behavior.  One behavior that puzzles me is the CEO or Board that has not adapted its funding plans to the shift in the private capital markets.  25 years ago venture capital and growth equity may have been the same market, best accessed with the same process, but today they are different markets that require different thinking and different processes.

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