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Turner Novak observes a change in the venture capital landscape.
He notes that after years of seeking allocations, venture capital firms are now giving them away.
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Novak has previously highlighted industry challenges, noting that running a VC firm can be as complex as managing a company. He has also commented on specific company decisions, such as when a founder avoided reacquiring a WeWork-sold business ahead of the COVID pandemic. His recent observations build on these earlier insights into investor behavior and risk.