As venture returns have dried up, the LPs who fund early-stage VC firms are demanding a new approach.
That's according to Charles Hudson of Precursor Ventures, who told TechCrunch that while LPs still believe in venture investments, they're hesitant to make 10- or 15-year commitments before they see a return. And that's putting pressure on VCs to sell their winners earlier.
"Seven or eight years feels like a really long time now," he said.
Keep reading to see what else TechCrunch is covering this weekend.
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