Venture Capital is Broken, Update
About 6 weeks ago I posted Venture Capital Is Broken, Let’s Fix It. I received many comments from some high profile people who understand the industry. Some of the comments came in through the blog, and more from individuals who weren’t particularly happy about having their thoughts made public quite yet. Even though people mostly agreed with the point I was trying to make, their comments have caused me to slightly adjust my thinking. I’m overdue to post an update, which will summarize what I have learned. Stay tuned for more on that soon.
Until then, you might find this article posted by Bob Rice on Portfolio.com interesting: Tech Making Traditional VCs Obsolete.