What is happening to risk-taking in venture capital?

Navin Chaddha Contributor

Navin Chaddha is managing partner at Mayfield, an inception and early-stage investor with more than 50 years of a people-first investing philosophy. More posts by this contributor Biology as technology will reinvent trillion-dollar industries The renaissance of silicon will create industry giants

Sam Lessin’s post in The Information, “The End of Venture Capital as We Know It,” prompted heated debate in Silicon Valley. He argued that the arrival of new players with large amounts of capital is changing the landscape of late-stage investing for venture capitalists and forcing VCs to “enter the bigger

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