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Same way that fusion power companies are making money: they don't. Everyone is sinking tons of money into these ventures with the hope that they succeed before
by beAbU 3y ago
Same way that fusion power companies are making money: they don't.
Everyone is sinking tons of money into these ventures with the hope that they succeed before their competitors, and get that sweet sweet first mover benefit.
- lesuorac 3y agoAlways a bit weird, you could also just sit on that money and invest into a company once it successful instead of getting a first-mover disadvantage [1]. [1]: https://en.wikipedia.org/wiki/Law_of_the_handicap_of_a_head_start https://en.wikipedia.org/wiki/Law_of_the_handicap_of_a_head_...
- xboxnolifes 3y agoAnd then nobody would have the successful company.
- Abzsquared 3y agoDepends on the industy, the difficulty of the problem, the ease of replicating a solution - and the barriers you can erect getting there first.
- tinus_hn 3y agoThat theory clearly is from before efficient patent enforcement and licensing. If you do the research, you get a ton of patents so you can charge the companies that are actually successful at putting your work in a marketable solution.