It’s not lack of venture capital. The real problem. The biggest problem is that so many new products and services coming out of innovation hubs like Silicon Valley, NYC, London, etc., have near-zero or even negative societal value. Yes. You’re reading it right.
So true - this is one of the best articles on this in a long-time. Only when you are far removed from much of the worlds real life issues, is it easy to be focused and continue to come up with solutions & innovations that are more consumer or convenience based. Innovation should be for the greater need. Needs & Thinking should be more closely aligned.
So true - this is one of the best articles on this in a long-time. Only when you are far removed from much of the worlds real life issues, is it easy to be focused and continue to come up with solutions & innovations that are more consumer or convenience based. Innovation should be for the greater need. Needs & Thinking should be more closely aligned.