Radical Innovation Needs Old-School VC
Scientists and entrepreneurs working on the world’s most urgent problems can’t solve them without funders who understand deep-tech opportunities and take long-term views.
When did risk capital start playing it so safe?
We currently have an abundance of venture capital for projects that are not that risky, such as platforms and apps that promise to make our lives more convenient. These innovations largely disrupt markets and competition — but don’t disrupt the biggest problems facing humanity. We don’t have enough green energy options, and we lack the technology that could suck enough CO2 out of the atmosphere to restore the climate’s balance. ...
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