4 ms·
> If someone starts a new company that made a cure for some disease and gets rich, society is much better off. The reality is that you get crap like Facebook,
by 77pt77 2y ago
> If someone starts a new company that made a cure for some disease and gets rich, society is much better off.
The reality is that you get crap like Facebook, Instagram, Xwitter.
- baq 2y agoYou get both, Facebook’s job is to be known about, so you know about it. There’s a ton of companies doing drug research basically silently… in the US. Most fail, it doesn’t matter as long as a few succeed.
- cycomanic 2y agoIt's worth pointing out that the biggest innovations (both scientifically, but likely also monetary) in the biomedical field in the last years happened in Europe not the US. So that seems to disprove the point that innovation happens in the US because of the chance of going from 100k to 100M.
- 77pt77 2y agoPlease tell me what those pharmaceutical companies with a similar maker cap to Facebook Are.