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Contrary's Kyle Harrison says venture capital is being McDonaldised

NewsFeeds update

Contrary general partner Kyle Harrison said in a 31 Oct article that venture capital is undergoing McDonaldisation, where efficiency, calculability, predictability and control combine to produce unintended results. Citing PitchBook, he said a16z raised $23.8bn in the first three quarters of 2026, over 20% of US venture fundraising in that period.

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