Cost of Experimentation and the Evolution of Venture Capital
Author: Ewens, Michael, Nanda, Ramana, Rhodes-Kropf, Matthew on Jul 01, 2017
The emergence of the "cloud" has had a major impact on the founding and growth of entrepreneurial firms. This new technology began with the introduction of Amazon's Web Services in 2006. It allowed software and internet companies to rent rather than buy powerful computing resources, thus lowering the…
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