“
While a huge believer in the risk-taking and agility of Silicon Valley venture backed startups, I’d been exceedingly frustrated by the tradeoffs in long-term impact that we often have to make because of the nature of venture capital and the public markets.
Joi Ito, on joining the excellent MIT Media Lab.
Great to see Joi bring this up. This has long frustrated me as well - to think about the things and services we’d have if a number of acquired companies (whose products have become stale with time) remained focused, opens up the world of possibilities.
Read the whole thing.
(via fascinated)This. Too many sellouts in the game.
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fascinated posted this
