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Support entrepreneurs outside of the elite venture system — empathy, not sympathy.
But they do stop funding each other's deals [when things turn], and the whole venture system is built around having a new lead investor.
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For all its very real achievements, the venture capital system is largely a system for harvesting fundamental innovation, not creating it.
What does Silicon Valley's vainglorious venture capital system lack?
Because of inherent flaws in the whole venture capital system.
FundersClub is a Y Combinator-incubated startup that has raised $7 million to build its online venture capital system.
"You know there's a great venture capital system here for investing in problems that require maybe like one to ten million dollars to kind of get started solving.
The modern venture capital system emerged during the 20th century thanks to the efforts of business titans like Arthur Rock and Laurance Rockefeller, who invested capital in high-risk, young enterprises grounded in science and technology.
Investing in a grand convergence is not a high risk venture capitalist system that could fail.
He told me that the traditional venture-capital system was losing buoyancy.
"Folks that are technophobes, they need to talk to someone who will not make them feel dumb," said Mike Tudisco, the chief operating officer of Venture 3 Systems, which makes the Telikin.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com