And who would regulate it or police any "rogue state," nonprofit or commercial venture ready to act on its own?
And each corporate parent should designate a nonexecutive chairman or "lead director" to spend 20 to 30 days a year on the venture and to act as a counselor and performance coach to the CEO.
Instead of competing with the slew of companies already in the cashless transaction market, his new venture – Cashless.com – seeks to act as a consultant for merchants wishing to get into the cashless game.
Those venture-churches seem to act as the exit foyer of Christianity, swelling momentarily as people leave the faith community entirely.
As a result, venture capitalists are beginning to act a little more like Hollywood agents.
Having served as a senior officer in the federal government (in both the Bush and Obama Administrations), and after working privately as a venture capital investor, try to act as a Silicon Valley-to-DC Valley-to-DC Valley-to-DCcy hacker".
Established companies need to act as venture capitalists for their startups.
To lead FinTech, Citibank established organizations such as innovation labs, startup incubators, and venture capital, which enabled it to act quickly and efficiently, and develop its own core FinTech.
"In this time of record debt, I question whether the government is qualified to act as a venture capitalist, picking winners and losers in speculative ventures and shelling out billions of taxpayer dollars to keep them afloat," Mr. Upton said.
Later, while continuing to act, he ventured into corporate training, producing videos that mixed management wisdom with dry British wit.
Sarah Kearney wants philanthropists to act more like venture capitalists.
