Comments on: Are VCs the Real Chasm In 2.0? http://jeffnolan.com/wp/2006/02/27/are-vcs-the-real-chasm-in-20/ Jeff Nolan's take on innovation, entrepreneurship, tech and stuff that interests me Thu, 17 May 2012 21:05:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: vinnie mirchandani http://jeffnolan.com/wp/2006/02/27/are-vcs-the-real-chasm-in-20/comment-page-1/#comment-219 vinnie mirchandani Tue, 28 Feb 2006 00:47:30 +0000 http://jeffnolan.com/wp/2006/02/27/are-vcs-the-real-chasm-in-20/#comment-219 could not agree more. If you read my innovation blog - New Florence. New Renaissance at www.florence20.typepad.com much of the innovation in business is coming from applied technologies - CIOs takng building blocks - web services, RFIp, GPS, mobility, predictive analytics, even older scanning and other technologies - and mashing them up to unique process and vertical applications. That is where the excitement is. VCs and vendors are delivering just a small piece of the innovation. It raises some fundamental questions for the industry. Should a CIO pay $ 1 to a vendor and see may be 10 to 15 c invested in R&D and then watch even that get diffused - 8 versions of MS vista - or should they save the $ 1 and use it as "full oxygen" for their own applied innovation could not agree more. If you read my innovation blog – New Florence. New Renaissance at

http://www.florence20.typepad.com

much of the innovation in business is coming from applied technologies – CIOs takng building blocks – web services, RFIp, GPS, mobility, predictive analytics, even older scanning and other technologies – and mashing them up to unique process and vertical applications. That is where the excitement is. VCs and vendors are delivering just a small piece of the innovation.

It raises some fundamental questions for the industry. Should a CIO pay $ 1 to a vendor and see may be 10 to 15 c invested in R&D and then watch even that get diffused – 8 versions of MS vista – or should they save the $ 1 and use it as “full oxygen” for their own applied innovation

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