Source: INC, Nov 2011
“Venture capitalists have largely stopped funding disruptive innovation. As a consequence, we haven’t had the engine of employment like we’ve had in the past. We measure the economy with the wrong metrics, and then employment rates do not improve because we aren’t creating new disruptive opportunities.”
Investing to create companies that create what Christensen calls “new-market disruptions” – companies that make products or services that are so much more affordable and accessible that many more people can own and use a product than in the past – are increasingly rare.