Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

http://www.freedigitalphotos.net/images/Manufacturing_And_In_g199-Stack_Of_Felled_Wood_p48256.html

This is the third post in my ongoing Series on Tech and Chess.

In the previous post I contrasted the old world of closed or hidden knowledge with the new landscape of open knowledge in which we are living. I also described a framework that I think is helpful for entrepreneurs, investors and technologists as they search for opportunities within sectors that have been or are in the midst of being disrupted by technology/software. In this post we will examine the world of venture capital- an industry that is well along in experiencing this phenomenon of “software eating the world”. It’s being unbundled before our eyes. Here’s my effort at describing this evolution, layer-by-layer:

Image Courtesy of tungphoto / FreeDigitalPhotos.net

To read the original article: Dave Lerner | The Great Unbundling of Venture Capital