Medical device investors in recent years subscribed to a bigger-is-better philosophy when it came to investing. VCs were eager to pour more capital into start-ups of all stages, believing it was shrewder or simply necessary to carry companies further along in development. However, a review of data from several sources suggests that bigger bets may not have been better.
by Tom Salemi
Venture capitalist investing in the device field often takes what appears to be a strange, counter-intuitive approach in down markets....
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