The journey to find these ideas has taken me from inventors’ basements, to obscure research labs, to, in one case, a smoky Milwaukee bowling alley renowned for its fried Twinkies. With a lot of hard work and a little luck that journey ends on the floor of a stock exchange, witnessing a company you helped build go public. It’s a helluva ride.
Great article by Adam Grosser with interesting statistics about the value of VCs to economic prosperity. The challenge is - what can be learned from the current financial crisis that will improve the VC industry.
CREATE is a key theme!
Job creation, innovation and new technologies will help lead global economy back to a growing and successful economy. Venture Capital plays an incredibly important role in the global economy, and thanks to VCs (in both time and money), entrepreneurs and start-ups management have indeed been able to grow seedling ideas employing many and driving worldwide competitiveness.
There is a lot to be said for a creative and transformative approach to take the best of what the VC’s do and creatively use it as one of the solutions to rebuild the economy through creation.
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