Fred Wilson submits:
Ben Horowitz has a post called The Case For The Fat Startup on the All Things D blog. I don’t agree with Ben’s take on this issue but I have enormous respect for Ben and his partner Marc Andreessen. They have started and built multiple successful businesses and all I do is write checks. So take everything I have to say with that in mind.
I’d also like to say that my comments are only related to software-based businesses. I don’t think it is applicable to greentech or biotech. Those sectors are much more capital intensive than software.