The Operation of Venture Capital in Colorado
The American economy is driven by invention and innovation. Additionally, they have a strong hold on the collective imagination of the country. The mainstream media is overflowing with tales of Silicon Valley entrepreneurs succeeding against all odds. The modern-day cowboy, the entrepreneur in these tales, is venturing out into uncharted industrial territory in a manner reminiscent of the early Americans' exploration of the West. The venture capitalist, a shrewd sidekick who is willing to aid the hero through all the difficult moments in exchange for a cut of the action, is by his side.
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Like most myths, this one has some element of reality. The roles that Arthur Rock, Tommy Davis, Tom Perkins, Eugene Kleiner, and other pioneering venture inves...