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How Steve Jobs proved Venture Capital wrong
October 8, 2011 /
With great sadness did I receive the news today that Steve Jobs, Apple’s former CEO has died. He leaves behind a great legacy and a much improved technology world that is finally able to deliver some tangible social economic value. We wish his family the best and great strength in time to come. Steve Jobs leaves a hole in the heart of those who cherish meaningful innovation.
Apart from teaching the technology world how to enter and own certain markets Steve Jobs demonstrated that in an industry built to engineer groundbreaking technology innovation, its financial arbitrage (venture capital) was wrong. Dead wrong.
Georges van Hoegaerden
Full Story: http://www.venturecompany.com/capital/index_files/steve_vc_wrong.html
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