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Beware the Siren Song of BioScience

A number of venture capital firms, still wary about diving back into technology investing, have instead turned their sights and their funding toward biotechnology and bioscience – a decision some VCs believe will ultimately prove a mistake.

“You’re seeing a lot of venture funds make investments in bioscience because they can’t find a way to justify investments in technology to their limited partners, and that doesn’t make sense,” says Jonathan Silver, managing director and founder of Core Capital.

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