This is Part 2 of a presentation I've created to help Limited Partners and entrepreneurs understand the future of successful Venture Capital. Part 1 is here. Part 2 explains why conventional VC networks & outlier identification produce poor returns, and how crowdsourcing/crowdfunding will be used to augment or replace them and to create high-return VC of the future.
Progenitor of PC virtualization (now a multi-billion dollar cloud-related industry), serial startup entrepreneur, trend-caster and visionary at the intersection of biz & tech, contributor for VentureBeat / HuffingtonPost / SeekingAlpha, author of the book "The Crowdfunding Revolution | Social Networking Meets Venture Financing", founding team member in a microprocessor startup, author and lead for two Open Source projects, public speaker, prolific idea creator, author of multiple patents, and news and business book junkie. I have a degree in computer science and started my career at MIT Lincoln Laboratory. [email address at trendcaller.com is kevin]