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Jeffrey Funk

Jeffrey Funk is a consultant on business models and the economics of new technologies. Previously, he was a professor at the National University of Singapore, Hitotsubashi University, Kobe University, and Pennsylvania State University.
Articles by Jeffrey Funk

The Crisis of Venture Capital: Fixing America’s Broken Start-Up System

Despite all the attention and investment that Silicon Valley’s re­cent start-ups have received, they have done little but lose mon­ey: Uber, Lyft, WeWork, Pinterest, and Snapchat have consistently failed to turn profits, with Uber’s cumulative losses exceeding $25 billion. Perhaps even more notorious are bankrupt and discredited start-ups such as Theranos, Luckin Coffee, and Wirecard,…

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