4 ms·
That quote stuck out for me as well. It assumes there are no models where value can be created unless the value creators can become rich. At the very least, th
by firebones 11y ago
That quote stuck out for me as well. It assumes there are no models where value can be created unless the value creators can become rich. At the very least, the typical Kickstarter project is one where value is created and the creators don't become rich. Or that no one would try to create value in the absence of potential riches.
To say that "few would do it" without the prospect of becoming rich is bogus. Describe the world in which these motivated founders roll over and give up the essence of who they are.
Even repressive, dictatorial regimes have entrepreneurs. The will to innovate and create value won't disappear if the rules change. It never has.