The Narrowing Ambitions of Venture Capital(technologyreview.com)

The Narrowing Ambitions of Venture Capital

http://www.technologyreview.com/news/429024/the-narrowing-ambitions-of-venture-capital/

1 comments

Lerner assumes that innovation is simply a function of money invested. It's not. Innovation is created independent of money.

Furthermore, by dismissing social media as a fraternity drinking app, he demonstrates a myopic view of how social media has transformed our society. Afterall, social media quantifiably shaped political debates in the Arab Spring (http://www.washington.edu/news/2011/09/12/new-study-quantifi...).