How Venture Capital Made the Modern World (with Sebastian Mallaby)
Azeem Azhar's Exponential View
What You're Backing Is a Little Bit More Ficiperous, Right?
In a way, we're talking here about perkins's law. The technical risk is inversely proportionate to the commercial risk. If you can crack the tough technical challenge, then you'll have if there's no great technical challenge, you'd better invent some other mote and it'll be probably slippery. And that's where you get into these races for first moveor advantage,. Because you're betting on the network effect, and you're not the front runner, that won't work out for you.
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