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> fortunes are built on compound interest This makes sense to me more on the scale of a single company. Put together a great team and focus them on a long-term
by localcrisis 11y ago
> fortunes are built on compound interest
This makes sense to me more on the scale of a single company. Put together a great team and focus them on a long-term problem. Their year-over-year drive and passion will outlast the rollercoaster of starting a company, leading to a much better shot of those huge returns.
Rather than going all in on the flavor-of-the-week, I agree with the focus on radical improvements to existing markets. It's far more likely—which does not mean less impactful—that we can fix known problems than fix as-yet-unknown problems.