29-Lico

Expansion

In the Hills Above Silicon Valley

Venture capitalists expect some of businesses they back to fail; if that never happens, they aren’t taking enough risks. Similarly, a government program aimed at advancing technology is bound to end up with some lemons; if it doesn’t, it’s not extending the frontier.

Paul Krugman

2 thoughts on “29-Lico

Leave a Reply to Barbara Cancel reply

Your email address will not be published. Required fields are marked *