3min chapter

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Venture Research with Donald Braben [Idea Machines #34]

Idea Machines

CHAPTER

The Importance of Venture Research

Venture research is a meeting of, of, of similar minds, if you like. I provided the opportunity to those 40 people that we backed over the 10 years to do their thing. But it was a partnership between us and them. And so they just, you know, it works, but only to a very limited extent. Most of them just saw you as a new source of money,. That was always a problem we had. Even with venture researchers was convincing them that even though we were the BP venture research unit, we were not interested in getting oil out of the ground. So he did see me as getting direct competition because the senior directors said the bang for buck, the brave

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