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How do you propose "picking" these world changing startups? Either you codify some rules that will inevitably be gamed, or you have some sort of discretionary b
by opportune 9y ago
How do you propose "picking" these world changing startups? Either you codify some rules that will inevitably be gamed, or you have some sort of discretionary body that will enact their own biases and possibly pick companies out of nepotism/corruption/etc.
It's also hard to tell what startups are world changing. Theranos probably seemed like a real life saver to 100s of millions globally. An Uber for home nurses might save that many lives, or it might be yet another scummy Hospice company that does everything it can to steal money from Medicare. Other businesses could have amazing effects that are hard to quantify: Google has certainly saved thousands of lives indirectly by providing easy access to information (due to the speed increases in research this allows as well as allowing people to treat/identify acute symptoms more easily), but how do you measure and predict this?
On the other hand, you have "vertical agriculture" companies that talk all about saving the world through a second agricultural revolution. But they're really only economical viable for growing marijuana.
- sgslo 9y agoI don't think its a matter of picking some chosen out of a crowd, I mean to say that the Bay Area should focus all policies on being pro-business to attract startups of any type. I specifically mentioned crap startups because I'm sure its the first rebuttal to my suggestion (tax breaks for uber for party cups?!?!)
- Apocryphon 9y agoWhy is this the responsibility of the Bay Area? Are there not other tech hubs out there? Are there not other cities willing to attract startups and to become tech hubs? Isn't the promise of tech the ability to do business anywhere on the globe?