Traditional venture capital investing is broken; the new model is to bet on $20-$80 mln exits Most everyone following the venture capital industry knows the traditional VC model — raising several hundred million dollar funds and swinging for the fences with each investment -- has become a challenging approach to venture investing, particularly during the worst liquidity drought in years. The problem with this model is that it doesn’t take much to build a company, particularly an Internet company, these days. So, many startups can be formed and developed with much lower capital requirements and packaged for a sale at much lower valuations. Betting that more exits will occur in the $20 million to $80 million range is Israeli-based venture firm, YL Ventures, which has $30 million under management. Yoav Leitersdorf founded the firm about 18 months ago, ...   [ Read more ]