The initial goal of venture capital was to expedite innovation. Yet many startups have not succeeded in getting funding and many investors have failed in capitalizing potential genuine innovation, as the system has not embraced entrepreneurs of diverse backgrounds and ideas. Why has that ecosystem not delivered on its promise? To move toward more sustainable innovation, it is imperative that both investors and founders begin to take more responsibility through better governance and increased transparency.
Join experts from the Cornell SC Johnson College of Business to discuss the idiosyncrasies and flaws of venture capital, with suggestions on ways to improve its processes and outcomes for more sustainable innovation in the years to come.
