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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Why the IPO Market is not Closed | Why Revenue Multiples are BS and Founders Need to Change | Advice From Jack Ma, Jamie Dimon and Evan Spiegel | Lessons from Taking Snap & Alibaba Public with Imran Khan

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Innovation's True Measure is Productivity

The perceived innovation gap in Europe compared to the U.S. often overlooks the complex dynamics of productivity and economic growth. While discussions focus on technology trends, the critical factor is how these innovations enhance productivity. Increased productivity directly correlates with GDP growth, emphasizing that true economic impact stems from the effective use of technology rather than its novelty. Understanding the vast gap between capital expenditures and revenue, particularly in the AI sector, requires recognizing the broader economic implications of productivity improvements driven by technological advancements.

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