Wednesday, April 06, 2005

Venture Capital Thwarts Innovation

the level of innovation actually dropped sharply after 1996, even as venture funding was going through the roof

"VCs act like businesspeople, even when they have a technical background"

My experience with VC's has been reverse -

VCs act like techies, even when they have a business background and it gets frustating to explain your ideas and specifically your implementation and how your product differs with the existing ones.


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