innovation

“I think societally we decide collectively, we decide how much innovation we want, and based on, or we decide how much risk we want, and based on that, we decide how much innovation we get. And I think that there is a general principle that as societies sort of…”

“Efficiency is the enemy of innovation.”

“There's many, many companies that are struggling with this in lots of places in the U.S. Right now because the laws don't keep up with innovation.”

“Most new things are, like, 90% old stuff, like, with a slightly different perspective that comes from how you think about the collection of things, your own expertise, your own experiences”

“I mean, I think it's less that we don't have enough capital. It's more that we don't have the right people or the right people in the right places and so on.”

“I understand that government sometimes, when presented with something that is new and is, is not known, can respond in a way with fear and wants to just regulate and shut it down. And knowing that as a public servant, I always wanted to cause us to pause and n…”

“But it's going to be that the larger corporations are going to be surviving by buying innovation versus creating it inside in-house.”

“So I think this idea of cost plus is just disastrous for innovation. You know, there's no leverage in your business. It robs founders and entrepreneurs of the necessary incentive to invest ahead of the curve in the things that we're going to need.”

“The great lie of globalization is that we can do the innovation over here and we're going to have the production go over there. Well, guess what? Innovation is a consequence of productivity. If you don't make the thing, you can't innovate on how you make the t…”