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Jeremy Liew, Bijan Sabet, and Roger Ehrenberg stepping back from active roles at their firms reflects a broader generational shift in the VC industry (Lucinda Shen/Fortune)

Lucinda Shen / Fortune:
Jeremy Liew, Bijan Sabet, and Roger Ehrenberg stepping back from active roles at their firms reflects a broader generational shift in the VC industry  —  This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers.  Sign up to get it delivered free to your inbox.