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Maybe! I wonder how that would work with the internal dynamics of VCs. OpenAI is an interesting case study here. But they ran into the problem that working on t
by solidasparagus 7y ago
Maybe! I wonder how that would work with the internal dynamics of VCs. OpenAI is an interesting case study here. But they ran into the problem that working on transformative long-term projects is expensive and it is very hard to continue to fund it solely on what are essentially group charitable contributions. Maybe the right domain to address this problem is via the government - help shift incentives towards long-term investments in innovation in some way.
The only model I've seen work effectively so far is having on extremely rich person decide on a long-term goal and financially drive that work over a long-period of time - Musk with electric vehicles, Musk/Bezos with spaceflight, Gates with global health.