Creative Forecasting

Last year, I came across what I considered the most accurate and pleasant definition of the vocation of early-stage venture capital. It took me far too long to find it again, but I finally have. Borrowed from an early chapter of the book Originals by Adam Grant and remixed a bit for the purpose of being a stand-alone definition and not a phrase in a chapter in a book, this description of venture capital is one I hope to hang my hat on for decades to come: 

Creative Forecasting

the discipline of predicting the success of novel ideas