First, most venture capital firms use antiquated business models that prevent them from being able to move quickly, reach scale, and establish strong competitive moats. Most venture firms are built on a partnership model, like law firms.
The Cathedral and the Bazaar: Musings on Linux and Open Source by an Accidental Revolutionary
This document explores the history and culture of computer hackers and the impact of open-source software on the industry, with a focus on the book "The Cathedral and the Bazaar" by Eric S. Raymond.