2min chapter

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#47 Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way

Founders

CHAPTER

The Dream of a Thousand Small Companies

The founder of Polaroid had this dream of a thousand small companies. Each company would be doing like 20 million, I forgot the numbers exactly, let's say 25 million in revenue every year. Every company would dedicate like 10 or 20% of their annual budget to R&D. So what you have is these hugely diversified like scientific machines. It kind of reminds me of Richard Branson and his business model.

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