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Sebastian Mallaby: What is venture capital good for?
Thoughts in Between: exploring how technology collides with politics, culture and society
The Rise of the Cross Over Fund
The rise of the cross over fund as an important player in invention of the tiger globels. A key moment was when massshi son, then a sort of vey unknown japanese ontprener, shows up at yahu's office and says he wants to invest 100 million dollars. The other strand of the story is that one fine day in early two thousand nine facebook, which i think by then is worth about ten billion or so, e needs another round at $250m - but it doesn't do well.
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