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RE: Introduction to the Economics of Technology With Taskmaster4450

in LeoFinance • 4 years ago

Exponential growth in technology is always possible and I am wondering if we invest in initial phase then we can do wonders to our investments.

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4 years ago in LeoFinance by
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     4 years ago  

    Investing early has tended to do two things:

    1. Cause people to lose a lot of money
    2. Cause people to make a lot of money

    I think a core differentiator is in the investor's ability to not necessarily predict the future, but to instead understand the underlying technology and it's future impact as it is adopted into society

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       4 years ago  

      Hmm. I also read somewhere that out of 10 ,9 ideas fail and still VC cover up the loses and make profit from that 1 successful idea,

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