I’m entertained by the chimp talk about venture capital breaking out everywhere. (Sequoia’s Mike Moritz recently was quoted as saying that even a chimpanzee could raise a $100mm venture fund.) Not surprisingly, Mike’s comment has people alternately turning tickled, defensive, and expository (read comments at SiliconBeat for samples).
But were is what I really want to know: Given enough chimpanzees, capital, and time, could we fund all the next Web 2.0 companies? There is the sort of philosophical question worth answering.