Is the World of Finance Beginning to Respond to the Ideas Revolution?

It seems the finance world has redirected its primary focus away from the macroeconomic turmoil playing out across the globe and to the tech sector. There has certainly been much speculation and discussion as to whether this recent boom in startup funding is due to a fundamental change in business models, or an echo of the 2001 bubble. Regardless, I believe not enough time has been paid attention to a newer facet of this startup frenzy – the emergence of the student entrepreneur as a class of businesspeople to be taken seriously. This article I read in the Wall Street Journal sheds light on how some venture capital firms in Boston have been responding to this trend. The article highlights attempts by many prominent venture capital firms in Boston to band together to try to stimulate startup activity and seed funding throughout the city, focusing on the student scene.

Forget about Boston trying to play catch up with Silicon Valley; something more important is happening here...(Read the rest at http://manatworkblog.com/?p=50)