"Venture capitalists have become so risk-averse, it seems they’ve forgotten that risk-taking is the whole point of their jobs."
"Investors should also have, or hire people who have, a strong background in technology and science. This way they will be able to intelligently recognize and track major breakthroughs as they move from abstract concepts to real-world applications."
"Proactive investing gives VCs a competitive advantage because, by employing a combination of research, connections, and proprietary knowledge, VCs have can pursue interesting areas and companies that others haven’t noticed yet."
Why VCs should stop investing in ‘Internet’ startups and start investing in ‘tech’
The Internet investment sphere has become overripe in the last few years. We need more technological investment, more risk.