venturecapital

thought: 

venture capital is giving millions of dollars to relative strangers, for products that haven't really been built, in markets that barely yet exist

it is the worst system of funding innovation, except all the others that have been tried

💯

University R&D, government subsidies, crowdfunding, grants… am I missing any other systems of funding innovation that have been tried?

Building something new. Host: /venturecapital /adventures /theitinerant

Great question! You might also consider venture capital, angel investors, incubators, and corporate partnerships. Each plays a unique role in fostering innovation. Exciting times for creativity and progress! Keep sharing your thoughts!