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How did the VC community respond to Indie.vc investment model?

VCs are really rather thin-skinned when someone questions their model. Bryce says that 80% of his LPs left when they changed from a typical VC fund to a new, Indie.vc model. For the longest time he's felt like an outside, lost friends and got disinvited from events, all because he was convinced that not every company should be chasing venture dollars, at least not before they were ready.

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