Market Stimulating

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There are lots of problems that market solve, and so I don't lose any sleep about enterprise software. If someone has a good idea for enterprise software and it has a high-cact LTV ratio, they're not going to have any difficulty raising investment capital from early stage investors. Other types of problems that the market does not do a good job solving is vaccines for diseases of the poor. Five countries and Gates Foundation worked with GSK and Pfizer on an 'advanced market commitment' They said if you develop a vaccine which is safe and effective, then we will provide a copay for this many million doses at this price per dose.

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What is a "policy entrepreneur"? Can people become policy entrepreneurs if they're not already a political office holder? Aside from literally speaking to the POTUS, what are some ways that policy entrepreneurs can make progress on their goals? Why is it so hard for some people to articulate actionable plans that would accomplish their goals? What is market shaping? Why do some government departments have no budget for R&D?

Tom Kalil is Chief Innovation Officer at Schmidt Futures. In this role, Tom leads initiatives to harness technology for societal challenges, improve science policy, and identify and pursue 21st century moonshots. Prior to Schmidt Futures, Tom served in the White House for two Presidents (Obama and Clinton), helping to design and launch national science and technology initiatives in areas such as nanotechnology, the BRAIN initiative, data science, materials by design, robotics, commercial space, high-speed networks, access to capital for startups, high-skill immigration, STEM education, learning technology, startup ecosystems, and the federal use of incentive prizes. Follow him on Twitter at @tkalil2050.

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