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Oh I agree, there's definitely an overlap with the business world and it's not unusual for a business to pursue an expensive (and doomed) moonshot the exec hope
by notahacker 4y ago
Oh I agree, there's definitely an overlap with the business world and it's not unusual for a business to pursue an expensive (and doomed) moonshot the exec hope will work on the one hand whilst obsessing over comparatively minor productivity differences and cost savings possible in the divisions that actually build and maintain and sell existing product, or for investors to rigorously audit growth metrics for a business that is actually groiwng and then chuck money at other founders despite their pitch because they have a hunch the founders are really good people (but didn't Reddit do well!). I just think it makes the whole thing a lot less "rational" and a lot more we have heuristics that select for people and organizations we like - like other forms of philanthropy - than claimed. And yeah, sometimes that works out just fine.