Witnessing such displays of long time preference fills my heart with joy.
The other day I talked with some young entrepreneur whose business plan assumes no benefits during the first 5 years. Not in the VC, get the money and run way. He's self funded and simply going for something that will take time to cook, and he's happy to take the risk and wait for it.
It makes me optimistic. And the contrast makes me appreciate how stupid and short sighted is the big corporate obsession with quick results and hitting quarterly numbers always in green.
counterweight
npub1a2…uqatg
2023-05-26 12:58:08
in reply to nevent1q…x0c0
Author Public Key
npub1a29gdc6p7c05az2ka3qwwpl9kfcqmws3xlwmjefmtkulfhgd7u6shuqatgPublished at
2023-05-26 12:58:08Event JSON
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"content": "Witnessing such displays of long time preference fills my heart with joy.\n\nThe other day I talked with some young entrepreneur whose business plan assumes no benefits during the first 5 years. Not in the VC, get the money and run way. He's self funded and simply going for something that will take time to cook, and he's happy to take the risk and wait for it.\n\nIt makes me optimistic. And the contrast makes me appreciate how stupid and short sighted is the big corporate obsession with quick results and hitting quarterly numbers always in green.",
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