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I missed the Gates Foundation of its early days. The Grand Challenges were all there was. I do not doubt the Gates aspirational letter, but their foundation Is
by Amygaz 8y ago
I missed the Gates Foundation of its early days. The Grand Challenges were all there was. I do not doubt the Gates aspirational letter, but their foundation Is more like a VC firm, with bad partners and managers who are terrible at doing their due diligence? They found plenty of stuff that have no bearing what so ever to any of the grand challenges. There is no oversight, when it is clear that a technology they invested in is never going to work or never going to serve the purpose they were sold (because people do lie to get money), they should pull out and re-invest somewhere. But no. The culture within the foundation must be pretty bad, and not aspirational at all. So much resources, so much waste... It makes me sad, really.