Innovation capitalists contribute a unique combination of industry, market, networking, and innovation-management skills, as well as assume some development risk.
Even the most accomplished and popular actresses see their careers begin to falter when they pass 40, though a few are able to hang on through a combination of industry clout, cosmetic surgery and a shrewd choice of roles.
The country's booming economy has created a pocket of wealth in every city (in 2005 alone, 13,000 new millionaires joined India's rank of the super-rich), but Mumbai, with its combination of industry and entertainment, fashion and art, offers the most fertile ground for an American-style consumer culture to flourish.
Earlier this year, Eric Mindich, the founder of Eton Park Capital Management, told investors that he was shutting down his firm because of "a combination of industry headwinds, a difficult market environment and, importantly, our own disappointing 2016 results". Mr. Mindich made the list in 2007.
(Although they do typically invest five- and six-figure sums in their projects, the money is used to refine the product idea rather than to build an organization or a management infrastructure around it). Instead they contribute a unique combination of industry, market, networking, and innovation management skills, and they assume some development risk.
"His combination of industry savvy, deep operational experience and intimate understanding of digital marketing is equally rare.
