Unhappy With Your Bank? Blame Silicon Valley
From the Huffington Post, Monday Nov 23, 2009.
Forget bailouts. Forget regulations. Forget stimulus packages and executive pay caps. If we want to see real recovery, we need to see real innovation.
Yet the traditional financiers of innovation, venture capitalists (VCs) are fiddling while Rome is burning. A recent survey of US venture capital activity shows that the three sectors with the least investment in the second quarter of 2009 are:
- healthcare
- retailing/distribution
- financial services
Quick, what are three sectors of the economy that the U.S. depends on for a sustainable recovery? You got it.
Read the full article here : Patrice Peyret: Unhappy With Your Bank? Blame Silicon Valley.
