Interesting column in last Sunday's NYT by Randall Stross. Continues a debate fomented by Larry Ellison (good summary of it here in the context of the Oracle/PeopleSoft merger) about whether IT is a "mature" industry (as opposed to a growth industry). This is a hot topic in the VC world right now (e.g., is Saas going to save enterprise software investing because it's outgrowing the general market for IT spending?), and has implications for entrepreneurs - large VC funds can't make money investing in successful, but small-to-medium size outcomes.
More to come as part of the series on "Financing Innovation".
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