Skip to content

Bee.

  • About
  • What We Believe
  • Portfolio
  • Insights
  • Work With Us

Fund Formation

Twelve months on: the case for true early-stage venture

May 15, 2026April 10, 2026 by Michael Berolzheimer
A bee resting on a plain white surface, scale and patience

A year ago I feared the potential demise of true early-stage venture. The data since has confirmed the analysis and compounded the problem. Here is where the prescription stands now.

Categories General Tags Capital Concentration, Emerging Managers, firm narrative, Fund Formation, LP letter, Market Structure, pre-seed investing, SaaSpocalypse, Venture Capital Market
About • Portfolio • Insights • Work With Us • Privacy Policy    © 2026 Bee Partners
© 2026 Bee. • Built with GeneratePress