I think they're successful because 95% of manufactured goods are pretty similar to what they were 50 years ago, just with steady incremental improvement. VC bac

I think they're successful because 95% of manufactured goods are pretty similar to what they were 50 years ago, just with steady incremental improvement. VC backed firms have done a great job with new tech, but if you're making an industrial pump, crane or mechanical pencil you dont need to move fast and break things.