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The hidden benefits of venture capitalism

By Nicholas Gruen - posted Tuesday, 30 October 2012


It took me aback, but I told him that I did it for the fun of it, because I liked to make connections and perhaps help something good happen. But thinking about it, the urge to communicate with those who might be like-minded doesn't just power my actions here, but powers Facebook, Twitter, blogs and Wikipedia. So am I really so unusual?

But of course it costs me next to nothing - just a few keystrokes here and there. So I'm already way ahead - in reciprocated links, in introductions and acquaintances I mightn't otherwise have. Some of whom become friends.

And that's before I count the opportunities its given me to invest and participate in startups that are following Dr Graham's formula of doing well by doing good.

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Will it make me rich? That depends how you mean. I'm having fun and making friends. Will I make lots of money? Too early to tell. But so far so good, and whatever happens, the world will be a little better for my having tried.

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About the Author

Dr Nicholas Gruen is CEO of Lateral Economics and Chairman of Peach Refund Mortgage Broker. He is working on a book entitled Reimagining Economic Reform.

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