Venture Capital vs. Community Capital

Nick Grossman wrote a phenomenal post this past week titled:

Venture Capital vs. Community Capital

In it, he seemed to have captured a quintessential truth about the way technology platforms have evolved over the last 30+ years. There’s a recurring pattern of bundling and unbundling of technologies. An oscillation between proprietary, venture-backed platforms, and open, community-backed ones.

Nick puts it best:

“So there’s the pattern: tech companies build dominant market positions, then open technologies emerge which erode the the tech companies’ lock on power. These open technologies then in turn become the platform upon which the next generation of venture-backed companies is built.  And so on and so on; rinse and repeat.”

Advertisements
Venture Capital vs. Community Capital

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s