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VCs aren't investing in innovation, specifically. They're investing in a business that can provide a return on investment. No language and really no package c
by david927 6y ago
VCs aren't investing in innovation, specifically. They're investing in a business that can provide a return on investment. No language and really no package can charge for use and become widely accepted. It's not a business, really.
That said, if VCs were smart they would also invest a percentage in long-term, pure innovative concepts and research to grow the market. Instead, the last interesting developments in software have been, what, Page Rank from the 90's? The blockchain? Can you think of more? I can't. They decided to "eat their seed corn." And now Silicon Valley is an embarrassment of what it used to be.