Eli
@eq
the problem with capital allocation in science is that there is no way to profit off of unique insights grants are not the right form factor to fund moonshots—allocators need to be comfortable taking on risk, financial & reputational, and that requires some prospect of an exit
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Eli
@eq
https://www.experimental-history.com/p/whos-got-the-guts-to-go-to-the-moon
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