For the past twelve years I’ve followed the rise of the startup – defined as a small business with global ambitions – from my perch at TechCrunch. During that period I watched business reporting change from a sleepy backwater on the back of the Sports section into a juggernaut, a force that controls the global conversation. Why? Because business reporting became war reporting and the battles fought were between VCs, businesses, and ideas that changed the world.
In that period, VCs rose from glorified bank tellers to rock stars. Incubators popped up to socialize nervous founders and turn them into capital F Founders and the path for startups became a codified journey from failure to success.