Mission Creek

Below is an interesting article from the Financial Times, where VCs are characterized as destroyers.  Here is one clip:

The cowboys racing on to this frontier aim to capture financial rewards and are inevitably dependent upon them for sustenance. In spite of the culture of sharing, venture capitalists determine who saddles up, and profits decide who wins. It is a fact that there will be far more riders than winners. That is not a bubble. That is creative destruction.

ouch:  full story here