Describes the situation faced by the management of a successful venture capital firms in April 2002. The industry has changed significantly since it raised $ 1.2 billion in the fund, and the partners must decide whether to scale back the size of the fund. "Hide
by William A. Sahlman Source: Harvard Business School 41 pages. Publication Date: September 2, 2003. Prod. #: 804052-PDF-ENG