Jeff Nolan's take on innovation, entrepreneurship, tech and stuff that interests me
It would not be so funny were it not so true…
This piece in HBR is must read, it details why there will be a lot fewer VC funds in the future. The sky is falling on the venture capital rainmakers. Over the past 10 years their quarterly internal rate of return (IRR)—the primary measure of VC success—was dismal, hovering in the single percentage points and [...]