Jerry Yang’s ignominious resignation as CEO of Yahoo this week further underlined for me what’s broken about the venture capital model. I’m not referring to the slidedeck presented by Adeo Ressi to Harvard Business School faculty earlier this month, i.e. I don’t really care to cover what’s wrong with the investments made by VCs or… Read More
Tag: startups
We Are Expensive and Expendable
Rich and I were bemoaning the current state of the economy yesterday, and eventually, the conversation turned to outsourcing, not jobs, but storage, computing power, databases, applications, etc. You know, cloud computing. Remember after the Bubble burst in 2001 how people were in a tizzy, some rightfully so, about the exodus of tech jobs overseas?… Read More