As so many things do, this reminds me of one of the more insightful books I've ever read: http://www.amazon.com/Doing-Capitalism-Innovation-Economy-Speculation/

As so many things do, this reminds me of one of the more insightful books I've ever read: http://www.amazon.com/Doing-Capitalism-Innovation-Economy-Speculation/dp/1107031257 http://www.amazon.com/Doing-Capitalism-Innovation-Economy-Sp... Among many other things, the author, Bill Janeway, stresses that in his decades of experience in the venture investment world the only reliable rule he knows in that world is that cash and control are the only hedges against the inherent uncertainty of new ventures.