WIRED Business'Blitzscaling' Is Choking Innovation—and Wasting Money
Is venture capital harming entrepreneurship? At first blush, this seems like an odd question. VCs have been the lifeblood of virtually every successful tech startup for generations, enabling entrepreneurs to create and refine innovative products and rapidly scale to self-sustaining profitability. WIRED OPINION ABOUT Leonard Sherman is an Executive in Residence and faculty member at Columbia Business School.
