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What Have VCs Really Done for Innovation? TechCrunch Back in 1986, when Bill Gates was still making sales calls, he pitched my group at First Boston on why we should bet the farm on Windows. Despite the risk involved, we gave his fledgling startup the deal. This wasn’t because of his financial backers (he didn’t even drop any names), but because we believed in his vision and nerdiness. ....... VC’s follow innovation, they don’t lead. They go where they smell blood.For one there are few of them. But not that few. Every business owner is an entrepreneur. They create and sustain jobs. They are in every sector. The bold ones build the companies of tomorrow. Since most people work in the private sector to feed their families, we can say entrepreneurs are our guiding light. But what makes them tick? The failure rate is high, but many still try.
From Nothing To Something. How To Get There. forget everything else and just get your product out the door
Partly it is a personality type, I think. Some people go for it, most don't. And there are all kinds. Few are big, most are small. The entrepreneurial spirit can also take over jobholders. I would think the best companies encourage that spirit.
But there is no crystal ball. It is hard to pick the winners early in the game. And, of course, the trailblazers become legends in their own lifetimes.
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The Holy Grail of the Unconscious New York Times he started to view the human soul — not just the mind and the body — as requiring specific care and development, an idea that pushed him into a province long occupied by poets and priests but not so much by medical doctors and empirical scientists. ....... the same borderlands traveled by both lunatics and great artists. ...... the mangrove swamp of his inner world ........ the idea that a person might move beneficially between the poles of the rational and irrational, the light and the dark, the conscious and the unconscious — that provided the germ for his later work and for what analytical psychology would become. .......... “All my works, all my creative activity,” he would recall later, “has come from those initial fantasies and dreams.” ......... Jung had become disillusioned with scientific rationalism ........ “the spirit of the depths,” a field that makes room for magic, coincidence and the mythological metaphors delivered by dreams. ........ humanity shares a pool of ancient wisdom that he called the collective unconscious
Paul Krugman: Reform or Bust