Will the current crop of early-stage investors continue to be willing to take bold bets without high-growth metrics?
But those who act may end up with their entire stakes transferred to AT&T Wireless, a mobile phone company with an investment premise of high growth without current income, which is the opposite of what AT&T once symbolized.
Indeed, the last three economic recoveries in the US were characterized by high growth without a corresponding increase in employment and with high unemployment persisting longer in each recovery than it did in the previous one.
"We know that high growth can exist without development," says Mr Adly, pointing to the late 2000s, when the economy boomed but public services stagnated.
Selection for high growth rates would have been particularly strong without parental care.
Even without a continued high growth rate, the penetration iOS 6 has achieved to date is already very impressive, and a rarity among mobile software update patterns, regardless of platform.
One way of getting around this is to operate in markets that offer high growth without requiring great risks.
"We didn't seem to be able to have high growth without growing emissions, which suggests it's hard, at the very least, to get very major reductions in emissions without some change in the scale of the economy," Richard York, an environmental sociologist at the University of Oregon who studies resource consumption and pollution, told me.
It's not just the historical parallels, though Japan in the late 80's shared many of the features of America in the early 00's: high growth without inflation, technological dynamism, extremely high stock valuations that analysts somehow managed to rationalize.
Without innovation, China cannot sustain high growth, as the artificially low prices of land and capital for politically favored firms become difficult to maintain and the supply of cheap labor dwindles.
"This helps explain their high growth potential.
