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A Shorter Distance to Fall

Venture capitalists are wondering what it means when the cost of creating a Web start up goes so low that they lose relevance. More start ups created faster mean more exploration, more ideas and failing faster. And failure no longer means crashing down from a great height, it’s a shorter distance to fall. Paul Graham invoked the questioning with his musing on The Future of the Web Startup. Value and power has moved from money to creativity.

Published in ibanks innovation venture capital