📶 another blow for venture platforms

NFX announces layoffs, a Khosla partners spins out, and the newest legal tech unicorn

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Good morning 👋

Just a few years ago, venture platforms were all the rage. Fast forward to today, and that narrative has changed (a lot).

NFX recently restructured its org chart to reallocate less towards platform and more towards investing. We’re seeing this more and more across the board.

So is this the end for VC platforms?

We give our two cents below.

TL;DR:

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