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The Unfair Playing Field in the VC Space
We have never seen the amount of innovation that is taking place now. The seeds for all of it were planted in the 20 years that ended in the tech and telecom bubble. We're seeing five major innovation platforms, genomic sequencing, robotics, energy storage, artificial intelligence, and blockchain technology. And we believe they're moving into exponential growth trajectory. But if you don't get on the right side of change, you're going to be left in a disrupted world order. Sure, there are risks in innovation, butthere are risks in not being there.And we think those risks are growing by the day.