# Out with the old

The traditional venture capital industry is a woefully inefficient system that is shrouded in mystery and secrecy. A group of investors with access to proprietary deal flow spend significant amounts of time raising and deploying capital provided by accredited investors, primarily wealthy entities like endowments, family offices, pension funds, and ultra-high net worth individuals.

Many well-known companies like Facebook, Twitter, Airbnb, Amazon, and others followed the traditional venture capital path and have made many venture capitalists and their investors extremely wealthy.

The average person could not join this exclusive club of accredited investors in financing world-changing companies until recently. However, with the rise of Decentralized Venture Capital (DVC), a blockchain-based venture capital method, the traditional limitations and barriers have been shattered.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.beecapital.org/abstract/out-with-the-old.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
