> I think the challenge with implementing this approach is overcoming people's bias for rewarding success. Those are not incompatible. You can have your Noble

> I think the challenge with implementing this approach is overcoming people's bias for rewarding success. Those are not incompatible. You can have your Noble Prices for recognizing and publicising outstanding achievements, without any expectation that they will create any further equivalent outcome. And at the same time, have a general talent program financing anyone who applies, expecting most of it to be non-refundable losses, but with the expectation that a couple of them here and there will pay off and recoup the cost of the entire program. Isn't this what first-round VC is in essence?