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If you want to hear how Tesla, Edison, etc. actually went about funding / building their companies - check out: "American Genesis" It's a history of the human
by nickpinkston 13y ago
If you want to hear how Tesla, Edison, etc. actually went about funding / building their companies - check out: "American Genesis"
It's a history of the human / social part of this period of technology. So interesting to hear about J.P. Morgan essentially angel investing in Edison / Tesla + all the other unknowns like Elmer Sperry, etc.
[1] http://www.amazon.com/American-Genesis-Invention-Technological-Enthusiasm/dp/0226359271/ref=sr_1_1?s=books&ie=UTF8&qid=1369077550&sr=1-1&keywords=american+genesis http://www.amazon.com/American-Genesis-Invention-Technologic...
- EvilLook 13y agoNoblesse Oblige is dead. The ultra-rich hoard their wealth. They won't even invest in their own country by paying their taxes without tax shelters. What makes you think they would invest in something that might benefit others?
- sgrove 13y agoBill Gates? Warren Buffett? Laurene Jobs? Zuckerberg? Ron Conway? I don't know what qualified as ultra-rich, but "investments" the wealthy/rich bracket in SV (including new-comers) also fails to back up your assertion.
- k__ 13y agoThe problem is, we let them choose where to spend their money, so everyone in need depends on their mercy. They're like the Kings and Queens of our time.
- nickpinkston 13y agoJPM wasn't doing this out of obligation - he wanted to make money too! Noblesse Oblige is alive and well - it's called crowdfunding now! ;-)