WHY SILICON VALLEY FUNDS INSTAGRAMS, NOT HYPERLOOPS
‘In all of the hype around companies like Facebook and Instagram — what really are just glorified websites — we’ve lost sight of some real innovation opportunities, most of which occur in the offline world.’
Just stumbled across this article posted on Jerzy Gangi’s blog back in August. In recent years we have seen an explosion of companies whose products are code. Investors are increasingly reluctant to fund ideas. Gangi proposes nine reasons why the current model is killing true innovation.
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