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I understand that's how lots of big companies operate, but I disagree that's how companies have to or should operate. The 80k thing isn't he notion that you'd g
by gustavo-fring 6y ago
I understand that's how lots of big companies operate, but I disagree that's how companies have to or should operate. The 80k thing isn't he notion that you'd get 80k success stories (you won't), but rather that if you had a .01% success rate, you'd still end up with 8 successful companies out of that, and the market is big enough for those 8 companies doing different things, making lots of money, and creating jobs/value. But more importantly, I feel like it would be better for us as societies.
- jmchuster 6y agoGoogle Ventures already spends $4.5 billion on that very thing? And there are tons of other VCs and incubators out there?