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It seems to me that risk taking is probably deeply cultural, and is also likely effected by both policy and economic status (collective and individual status).
by beebmam 5y ago
It seems to me that risk taking is probably deeply cultural, and is also likely effected by both policy and economic status (collective and individual status). It's probably hard to know how to quantify all of these different effects, but I hope some people are trying to research this!
- coliveira 5y agoCulture is not that hard to change when there is money involved. The difference in SV is that there is so much venture capital willing to create new companies. Given that amount of capital, there will always be someone willing to do it.
- da39a3ee 5y agoDoesn't it seem a bit old fashioned that venture capital should be geographically localized, as if it were a physical pile of gold? Is that not on its way out?
- coliveira 5y agoMaybe it will change post covid, but capital wants easy access to workers. That's why they like to concentrate in certain geographical areas.