Scott Kirsner, who has been detailing the differences between the future and the past of the local VC scene, puts Mount Money in the latter camp. Kirsner says Cambridge and Boston VCs have been quicker to embrace blogging, social networking, collaboration and a new generation of entrepreneurs.
Kirsner illustrates his point with an analogy you’re not likely to see elsewhere, and one which could make an entrepreneur think twice about being “invested in” by a Waltham VC inspired but confused by Kirsner’s advice:
I won’t be surprised if the old-school VCs of Waltham follow the same path of the Shakers, the religious sect that was most active in the 18th and 19th centuries. Shakers were celibate — they didn’t, you might say, invest in the continuance of their community — and so a group that once had 6000 or so very devoted members eventually died out. Today, their communities exist only as museums and historic sites.
Posted by Brendan Lynch
Tags: Scott Kirsner, VCs, Waltham
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