A fantastic story of how innovative private equity spreads the reward of hard work to all.
How long you wait to close your venture depends on your ability to pivot and in what direction, the best pivot being upwards.
The genius of venture capital arbitrage on display: the demise of Lytro makes clear how the collusion of investor socialism in Silicon Valley destroys the opportunity for real innovation. False positives demonizing false negatives. I have a few more of these to highlight, for the sake of a meritocracy of innovation arbitrage.