Reuters: VCs are "making it hard for true pioneers to succeed"

Ever in search of info that moves a story along a notch or two, I’ve come across a piece that describes the death of the U.S. entrepreneur. Who knew? It sounds as though the fate of Canadian entrepreneurialism (see prior post “Skapinker gives his homeland the Bronx Cheer” April 3-09) has also befallen our friends south of the border, at least according to Reuters columnist Eric Auchard (via Information Week):

There is now a noticeable dearth of entrepreneurs building companies with differentiated strategies and sustainable business models. Hot start-ups are now far more often built to be sold to established firms. And when good ideas emerge, VCs flood the market with a slew of copycats, making it hard for true pioneers to succeed.

So, it’s the V.C.s that are the problem?!? Not to defend copycat strategies, but I’d have a hard time naming a sector of the economy, or society for that matter, where good ideas aren’t utilized by others.
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UPDATE:

VC Rick Segal added his thoughts to the topic here.

MRM