By Vivek Wadhwa Vice President of Academics and Innovation, Singularity University. A common excuse that entrepreneurs make for not being able to innovate is the lack of venture capital in their region. They argue that because investors are not ready to take a risk, they can't succeed. Policy makers all over the world make the same excuse. Access to venture capital may have been a problem as recently as a decade ago, but is no longer an inhibitor. The cost of developing world-changing startups has dropped dramatically. ...
via Tech News Headlines - Yahoo News http://www.huffingtonpost.com/x-prize-foundation/anyone-anywhere-can-build_b_4434909.html?ncid=txtlnkusaolp00000592
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