The missing middle - Part 2: The Paradigm

"The Missing Middle" is what we call the gap in finance the majority of entrepreneurs face in getting from a viable prototype or early customers to a full-scale proven business. In part 2 of 5, Luni goes back to the history of venture capital to explain who, where, and why this gap exists, building out from the pervasive paradigm of how we are all "supposed to" invest in startups.