While I agree that there's a rather pathological focus of VC money on business ideas that are not especially innovative but really just bad (the whole takeout-b

While I agree that there's a rather pathological focus of VC money on business ideas that are not especially innovative but really just bad (the whole takeout-but-without-a-profit-margin thing being a particularly absurd waste of investment), there's a problem, in that genuine innovation is not necessarily going to be more immediately sustainable as a business preposition (exhibit A: the internet, product of the grey area between the military industrial complex and academia, neither of which are spheres of human industry over-troubled by anything so vulgar as a competitive marketplace). Sometimes I wonder if the VC world is the worst possible combination, rewarding merely the false promise of short term impact, as opposed to genuinely worthwhile but perhaps completely unprofitable RnD.