Following on from my previous post, and addressing the thesis that imitation – not innovation – is woven into the fabric of the 20th century venture economy, Umair Haque at recently penned a nice article at harvardbusiness.org called “Asleep at the Wheel of Creative Destruction” Here’s the question everyone wants to ask: Q. Why does President Obama have to invest …
Buying Technology For Beans
An article in today’s Wall Street Journal illustrates the effect the credit crunch recession is having on Venture Capital portfolios. John Steuart, a Claremont Creek managing director is quoted as gleefully saying “The portfolio is competing against itself and it’s survival of the fittest. It’s brutal” Here’s the problem for all of those game changing nanotech companies still struggling to …
Sailing Through The Credit Crunch
Following hot on the heels of Nanosight’s recent successful fund raising comes news of another UK nanoparticle related company attracting a significant amount of capital. On the other hand, there are a number of high profile failures taking place at the moment, and that will only increase. Michael Copeland at Fortune wrote an excellent and much quoted piece called “Venture …