Armed With New Funding & A Global Mission, ResearchGate Adds PayPal Co-founder To Board

At the 2010 TechCrunch Disrupt San Francisco, Benchmark Capital Partner Matt Cohler took to the stage to talk about the state of the venture capital industry. In so doing, Cohler said that he thought too many investors were becoming focused on risk mitigation, which can often deter investors from going after companies that may be building something really big, trying to change the world -- but will be slower to monetize and offer the requisite immediate ROI. He then mentioned that he had recently led an investment in a company called ResearchGate, because when he asked the company's founder, Ijad Madisch, what would constitute success in his mind, Madish replied, simply, "winning the Nobel Prize."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ed1isrfGqnA/

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