Big companies are looking closer term, and even the most technological companies spend less than 1% of sales on research. Startups have suffered the burst bubble.
big bubble burst
Nicholas Negroponte
These are some quotes by American author Nicholas Negroponte Businessman, who was born on December 1, 1943.
Quotes by Nicholas Negroponte
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My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new.