An excellent article by Sarah Lacy on business week the prime suspects responsible for the Valley’s nagging aversion to risk. Here is an excerpt
“I was recently at a Silicon Valley conference where one of the debates that raged into the wee hours centered on Silicon Valley’s increasing aversion to risk: Is it a good thing, and who’s to blame for it?
Less risk-taking by entrepreneurs means less outright failure. A lot of burned startup founders and investors see this as a plus. But any macroeconomist will tell you it’s the rare home runs—successful, innovative companies yielding high returns—that create jobs and capital that keep the Valley humming.”
Read more here – Business Week
Posted: October 19th, 2009
Categories: Featured, I Like, Technology, Venture Capital, investing, startup
Tags: angel investor, business week, silicon valley, startup, Venture Capital
Comments: View Comments.
Categories: Featured, I Like, Technology, Venture Capital, investing, startup
Tags: angel investor, business week, silicon valley, startup, Venture Capital
Comments: View Comments.