While comedian Jerry Seinfeld was talking at the Foursquare conference about the entertainment industry’s skittishness about funding risky new programs, he might as well have been talking about the venture business:
“I think of the entertainment industry and Detroit similarly,” Mr.
Seinfeld said as he dressed down the television executives in the room
for not being bolder in their programming. “They donâ€™t have confidence
in their instincts. Maybe they donâ€™t have instincts to be confident in?”