Why are venture capitalists often reluctant to invest in companies that make apps?
"Because it's a red-ocean market. There's so much competition, it's inevitable that there will be blood in the water," said Tom Kinnear, a professor of business administration at the University of Michigan.
Image: http://www.crainsdetroit.com/ - Tom Kinnear
To read the original article: 'Red ocean market': VCs wary of investing in app companies | Crain's Detroit Business
