Musings on Entrepreneurship and Innovation
Wednesday, June 09, 2004
Serious Changes in the Global Startup Ecosystem
We shouldn't be surprised that the forces of globalization apply to the venture capital and startup industry, too. In an excellent essay posted to the AlwaysOn Network, Sanjay Anandaram, a partner with the venture capital firm of JumpStartUp, asserts that "Silicon Valley will be impacted in a serious way over the rest of this decade and beyond" due to two broad trends: the evolution of the VC into a global network choreographer and the professionalization of the startup.