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and where does the company get the money to spend on R&D? That is the chicken and egg problem. That's like saying Warren Buffet is good at picking stocks becaus

and where does the company get the money to spend on R&D? That is the chicken and egg problem. That's like saying Warren Buffet is good at picking stocks because he is rich and can afford to spend more money picking stocks.

rsynnott 15y ago
Generally by borrowing it, if they don't have a cash surplus.