
A Land Without Giants

The venture ecosystem went from cottage industry outsider to institutional insider – from a nascent practice to a consensus component of institutional portfolios. The result has been the industrialization–and bankerization–of venture. Firms that make dozens or even hundreds of investments per year, relentlessly focused on assets under management, u... See more

Scott Belsky Talk at South Park Commons
Often designs from frustration
Right now, greater skill is being brought by compute and developing a democratization of many things (code, design, etc.). Because of this, taste will probably be the most important skill
Taste is derived from culture and overlap of industries
Because of that
Technology is changing one of the most powerful forces in shaping society: ambition. What the most ambitious people choose to do with their lives has a profound impact on society, the economy and culture. It’s changing, fast.First, that digital technology is the most recent in a series of ‘technologies of ambition’ that have enabled ambitious peopl... See more