The Gillmor Gang — Robert Scoble, Keith Teare, Kevin Marks, and Steve Gillmor — ring in the New Year in celebration of surviving yet another crisis in the venture capital community. The concern is that acquihires represent the capitulation of innovation in service of the big getting bigger. As cloud computing lowers the barriers to entry for first stage ideas, the struggle is moving to staying alive long enough to pivot to the second-stage models that form the corpus of the VC success equation.
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