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Bahcall: Market projections kill early-stage innovation, especially in drug discovery

Safi Bahcall · a16z Podcast | Incenting Innovation Inside, Loonshots to Moonshots · Apr 1, 2019 · at 11:20

Safi Bahcall, author of Loonshots, critiques corporate reliance on early market projections when evaluating radical early-stage ideas.

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“Nothing kills a great idea faster and has been more of a disaster to innovation, certainly in my industry in drug discovery, than the idea of market projections.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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