This morning’s roundup of the latest venture capital news and analysis across the Web:
Business Is “Sonic Boom”-ing - The Wall Street Journal reviews Gregg Easterbrook’s “Sonic Boom,” which postulates that the global economy is not facing years of famine, but rather years of plenty, as globalization fully takes hold. Easterbrook cites the rebirth of industrial cities including Waltham, Mass., which has benefitted greatly from its proximity to high tech and venture capital hub Boston, and Erie, Pa., which is recovering largely due to updates of its locomotive plant. He also argues that innovation and VC cash will be the catalyst for continued advancement of global growth.
[Editor's Note: More on the original article.]
Original Article: The Daily Start-Up: Forget Famine, Feast Is Forthcoming - Venture Capital Dispatch - WSJ
