The venture capital industry has reach a crossroads.
For policy makers, the crossroads represents an opportunity to shape the environment for enterpreneurship and venture capital for the twenty first century in a way that can go far to revive competitiveness in US, UK, and Japan.
As fiels of entrepreneurship are in their adolescent stages.
I was seldom able to see an opportunity, until it had ceased to be one.
Let us hope we will all have better vision.