VC Firm Discloses 'Internal Operating Manual'

Venture capital is in the midst of a structural sea change, evolving from a secretive old boys club into a much more accessible and transparent… well, new boys club. One thing that has generally remained guarded, however, is investment strategy. Not the broad strokes of sector and stage focus, but the nitty-gritty about how a firm makes its decisions on who to fund and how it prefers to structure its deals. Bloomberg Beta is looking to change that.