> We have the web because Tim Berners-Lee didn't raise an angel round Perhaps, but how successful would TBL's creation be without the Kleiner-Perkins investmen

> We have the web because Tim Berners-Lee didn't raise an angel round Perhaps, but how successful would TBL's creation be without the Kleiner-Perkins investment in Netscape. The paid web browser probably wouldn't have taken off and the VC funding allowed Netscape to invest in building a quality browser while not charging end users to download. VC has it's place and we shouldn't write it off entirely. But we should also realize that there are other ways for important changes to develop and VC isn't the panacea as it's often presented as here.