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A VC explains why old-school networking is never coming back

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. TJ Nahigian is a cofounder and managing partner at Base10, a venture-capital fund in San Francisco. Networking used to be the primary skill required to succeed in business, but it doesn t work today. While venture capital isn t going anywhere, investors must focus on a data-driven investing process. To say that the COVID-19 pandemic was business as usual for someone who runs a venture-capital fund is inappropriate: It was the busiest period since my cofounder and I started our firm three and a half years ago.

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