How VC firm Lightbox’s partners grew disillusioned before breaking up
Lightbox was the face of a brave style of early-stage venture investing—fewer but bigger cheques. With funding for its fourth fund nowhere in sight, it seems the strategy has failed to deliver returns.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
The unfortunate outcome of Ecom Express is being misread
Early investors of Ecom Express are wrong in holding the view that Delhivery’s acquisition of the company is the result of some grand conspiracy or that they have been cheated in the process.
Protein chips and the problems of the East
It is becoming increasingly clear that the startup ecosystem is stuck with building for the top 3% of Indian society. Now consumption in even this rarefied segment is under pressure.
A91 Partners looks less like a VC and more like a mid-market PE firm
The fund seems convinced that technology-led businesses in India are overvalued and not good for making big exits. Instead, what is needed to return large sums of capital are investments in mature companies with a proven track record.