In this video by Bambi Francisco (also below), she talks to Highland Capital founder Paul Maeder about “VC model being broken”. It is very interesting to see that while majority of the top names in VC industry now understands that the current model is not working at least for web/mobile sectors (smaller capital need, no IPO’s in sight etc.), still no real innovation is happening.
It seems that the only “innovation” they see, is just to try and get the excess money out of VC industry… It’s kinda similar as Newspaper industry would argue that all we need is less Newspapers and we’ll be fine. More about this subject in this earlier post.
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