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Radical Innovation Needs Old-School VC

In this article, the authors argue that too much risk capital supporting innovation goes to apps, gadgets, and digital conveniences, as funders increasingly look for easy, low-risk returns and often lack the know-how to evaluate ventures with more ambitious scientific and technical goals. This needs to change if technology is going to fulfill its promise of a better world for all. Corporate venture capitalists are well positioned to do more to help innovators survive the challenges of scaling.

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