Right Coast Tech

The Globe is running an interesting article on Georges Doriot, entitled Venture capital’s grandfather that’s an interesting read. It mentions the book Creative Capital by Spencer Ante which is in my ever growing list of books to read.

The startup world moves so quickly that I really enjoy pieces like this one which put what we do into a larger historical context. It’s useful to keep in mind that the world has only worked the way it does for a very small period of time.  And it’s unlikely to keep working that way for much longer.

Ten years from now, it’s possible most of the traditional, stodgy VCs will have been replaced by an ecosystem of startup development ‘Microfunds’ like Y Combinator, Tech Stars, or Highland’s Summer at Highland. Or maybe not. Hard to predict exactly what will happen, but it’s useful to remember how unpredictable our industry is, even at its most basic level.