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Art by Mike Lucas

Today’s venture capital deal flow to innovative new companies looks a lot like a fat man trying to squeeze into a slim Italian suit. It just doesn’t fit. The new shape of innvovation is a lot more inclusive of new approaches and sources of startup funding.

In 2000, venture capitalists poured a staggering $112.2 billion into startups nationwide, according to an analysis by the Public Policy Institute of California (PDF). Today, venture capital deal flow has slowed to a relative trickle, just $28.4 billion was invested in startups by venture capitalists in 2011.

To read the full, original article click on this link: Why Venture Capital No Longer Defines Innovation