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Patrick Collison & John Collison - A Business State of Mind - [Invest Like the Best, EP.348]

Invest Like the Best with Patrick O'Shaughnessy

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Navigating Innovation: Lessons from Chemical to Software Industries

This chapter examines the evolution of early companies, particularly within the chemical and pharmaceutical sectors, highlighting the clash between innovation and traditional management approaches. It explores the unique challenges of software development in balancing creativity and investment, contrasting it with training practices in professional services. Additionally, it emphasizes the significance of understanding B2B customers through authentic connections and feedback, underscoring the blend of technical insights and personal engagement in driving successful product development.

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