Intangible Assets Media Operations Venture Capitalist 
Harvard Business Review
OCTOBER 24, 2016
This reliance has evolved because despite the enormous volumes of capital they control, most of these giants are strictly “firewalled” and cannot use the capital to fund actual operations, even if doing so would generate higher expected investment returns or lower risk.
Harvard Business Review
NOVEMBER 19, 2018
In 2011, venture capitalist Marc Andreessen declared that “software is eating the world.” Walmart is the country’s largest employer and largest company by revenue and it reached that position through an operating model made possible by proprietary logistics software. That’s not how Vox Media does it.
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