Half Empty with Nothing But Air
This is an article in Venture Beat. It discusses Adeo Ressi’s views on the current venture capital industry and that all signs are pointing to a need for change in the venture capital business model.
Check out slide #10. There are a LOT of me too businesses. I can’t help but think about Mixx.com. It was a straight bite off of DIGG. I couldn’t (still can’t) tell what the better mousetrap is with Mixx, but they might have something up their sleeves in the mid to long term.
