When innovators sell out
April 11, 2008 at 12:06 PM EDT
Great response by Umair Haque to Fred Wilson’s discussion about fixing the venture investment ecosystem. Let’s revisit the spectre haunting venture capital. Why aren’t there more Googles? The answer’s very simple. Because every company that had the potential to be economically revolutionary over the last five years sold out long before it ever had the chance to [...]