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So if I may - your assertions are: A) There is nothing wrong with how funding currently operates in the tech space. It allocates resources optimally in terms o
by einarvollset 8y ago
So if I may - your assertions are:
A) There is nothing wrong with how funding currently operates in the tech space. It allocates resources optimally in terms of risk adjusted returns for investors and there is no room to try alternate approaches.
B) There is no way to assertain what the potential size of a business is, anything could become Dropbox (including - I dunno, a SaaS focused on kitchen countertop installers)
C) The only way to provide suitable risk adjusted returns for investors is the current approach (focusing on finding unicorn outliers that can scale to 1000x)