Jack Albrecht
Aug 9, 2021

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Great article, but I have to correct you here. The world does need more entrepreneurs. The world does NOT need more VC-funded startups. They are most definitely not the same thing.

Four nurses pooling their own money to start their own little health care firm is entrepreneurship. Burning $50 million of someone else's money to buy market share for your start-up is NOT entrepreneurship. Entrepreneaurship means taking risk with your own money and future, not with someone else's.

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Jack Albrecht
Jack Albrecht

Written by Jack Albrecht

US expatriate living in the EU; seeing the world from both sides of the Atlantic.

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