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Say, toward venturecapitalists pouring money into the next photo sharing app. First of all, venturecapitalists tend to focus in a few places, in a few sectors. I think venturecapitalists do play a role. And the American entrepreneurial economy is much broader than that.
Last year, at the World Economic Forum's annual meeting in China, we spoke with one of the country's most celebrated scientists, entrepreneurs, and venturecapitalists. Most technology ventures in China are of the C2C variety, i.e., Copy-To-China.
Venturecapitalists are increasingly interested in emerging markets, and in working with local funds based in those markets (despite the fact that reverse innovation in venture capital seems counterintuitive). Editor's Note: This post was written with Justin Chakma, an undergraduate student at the University of Toronto (Canada).
Venturecapitalists entered only after government funding had gotten the company to the critical proof of concept. It is not by accident that the National Institutes of Health spends $31 billion a year on supporting innovation in biotechnology and pharmacology. It also received its early stage finance from the U.S.
Uzzi and another colleague, Jarrett Spiro, also discovered that this pattern held across sectors as disparate as the Broadway musical industry and biotechnology. Get in touch with a venturecapitalist. Start a LinkedIn or Facebook group. Be the connector for this group of people. Learn more about how she uses social media.
Many venturecapitalists are limiting their investments to the "demand-side" — aimed at reducing energy use — rather than investing in startups trying to change the way we produce energy. Their behavior displays promising parallels to the early days of the biotechnology industry.
It’s a common question thrown at me by entrepreneurs, venturecapitalists, or the more cynically minded corporate leaders. Start-up companies tend to cluster in industries favored by venturecapitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants).
“Venturecapitalists are looking for rapid exits and researchers are pretty much stuck with the idea that they came to the party with. Profit-driven companies, on the other hand, feel so much pressure to go to market that they often pass on ideas with vast potential.
The researchers examined four thriving UIEEs in the electronics and biotechnology sectors in San Francisco and San Diego, comparing them with less successful efforts in Los Angeles. By focusing on ecosystems in California, they could compare outcomes in similar legal and cultural contexts. .” Growth: Seeding the UIEE.
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