This will be even more pertinent to startups in the new "hot" industry of wetware/biotech.
It's one thing to break up a dumb taxi/hotel cartel by allocating capital more efficiently through iphone apps and good customer service (albeit illegally).
It's another thing to perform rigorous scientific testing an analysis of drugs, treatments, hardware, etc. that will be interfacing with fathers, mothers, children; human beings who could die as a result of the fail fast, break things SV startup mentality.
It's one thing to break up a dumb taxi/hotel cartel by allocating capital more efficiently through iphone apps and good customer service (albeit illegally).
It's another thing to perform rigorous scientific testing an analysis of drugs, treatments, hardware, etc. that will be interfacing with fathers, mothers, children; human beings who could die as a result of the fail fast, break things SV startup mentality.