How venture capitalists destroy innovation

The IT infrastructure market in particular has been hit by an innovation drought since the IPO markets dried up around 2000.

Computerworld – A venture capitalist has one single job: to invest in companies that will become more valuable over time and return profits to investors in their funds, and then to themselves. They do that job best — with the greatest profits — when they fund the next big thing and turn the status quo on its head.


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