Home Away From Home

The change (or lack thereof) in investor's interests and attitudes has an impact on entrepreneurs' incentives and ways of doing business and developing a startup. Indeed, the  entrepreneurs' mentality has also changed. While the VCs used to be willing to look for the next blockbuster idea as the best way to maxiize the return on their cash, it seems like now they rather build up a portfolio of mildly successfull startups, even if not life changjng. Now VCs want some sort of proven start ups, more late stage companies wanting to grow than early stage products in need of development. That means that entrepreneurs waning to get funding focus on existing ideas and try to improve them rather than change them radically. Who likes a contrarian? It is a hard sell! This has to bring me into rhe lean start up concept. The idea makes sense and it is rational, both from the investor and the entrepreneur's view.  Everyone is bound to lose less money if the product is better tested a...