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#1381 Mike Maples | Investor Reveals Secret To Finding Billion Dollar Companies
The Pomp Podcast
Contrasting Startup Capitalism and Corporate Capitalism's Risk Profiles
Startup capitalism thrives on people actively in the game, generating value through technology tinkering and a high-risk appetite. In contrast, corporate capitalism involves bureaucracy, focusing on covering one's back to avoid blame. Corporate managers fear failure, which can harm their careers, while successful projects offer only limited upside. Founders, on the other hand, have a different risk profile, viewing risk as something to be taken with high expected value, enabling them to pursue new opportunities without persistent career repercussions.
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