Innovation

“Brussels, on the economic front, while they were trying to regulate, suffocated innovation, entrepreneurship, and competitiveness.”

“Most of what makes them boring is on the outside, they're not looking for innovation, right? If I need my lawn mowed, I just want it mowed. I don't need you to be innovative. But on the inside, there's huge value add if you can figure out how to innovate, how …”

“You cannot have like entire year you will run a hundred of POCs and then in December you come and tell me, okay, now I have learned next year I'll do a better job. You have to do a, because I lost the, because for innovation, the timing is also very critical. …”

“Innovation and generics They are not a continuum. People like to say, we're moving up the value chain, we're going to innovation. It's a very different business.”

“I think people are genuinely curious and people are genuinely excited about innovation. About startups. They just don't have, like, an easy entry point to that.”

“And look, most innovation comes from like really serving the needs of an extreme user that then you apply that to a general population.”

“My concern is around entry prices and what, and whether that would Limit innovation at some point in time because disappointment would show up.”

“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…”

“The biggest lie that we bought from globalization is this concept of we will do the innovation and they will do the production. And what you have to recognize is that innovation is itself a consequence of productivity.”

“The new is, is really just the obvious uncovered through systematic trial and error over a certain period of time. So that by striving to stay within the obvious and trying to find a variation on the obvious, I think you have a higher chance, at least in story…”

“We're seeing more younger founders get into the game because experience is not as important as just innovation.”

“That's the seed of all innovation, is people waking up and saying, not enough. We need bigger, better. That's great. But the individual level, it puts you on a hamster wheel forever.”

“There is no innovation without some speculation.”

“If you're taking bets on things that are already showing positive, you know, wins then you're not really fueling all the innovation from the bottom.”

“We, as Indians, from a very young age, Our thought to run away from risk. We are trained not to depict any form of rebellion. Our teachers are not our teachers. Our teachers are our gods where questioning them is almost offending them. Religion plays a huge pa…”

“In terms of, like, you know, enabling companies and people to continue to build in this bleeding edge, I think any effort to curb that will probably not result in more innovation. It'll probably result in more gunk, if you will.”

“When everyone agrees something will never work, That's precisely when they stopped testing it. Consensus kills innovation.”

“Think of it as in manufacturing, you want to drive out variation. And in innovation, you want to increase variation. And so process really is the language and model of driving out variation and getting to consistency. And if you're in a safety critical busines…”

“Remote work is generally not great for innovation unless you're truly in an online collaborative environment.”

“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.”

“And in almost all cases, it was actually led within an organization. So you have an existing organization that has existing, you know, capital relationships and projects and in particular, a large team of very skilled people who are extremely aggressive about …”

“I believe that innovation or product is, is a conflict sport. It's like a, it's where you have to have arguments in order to be better. And every time you have an argument, it gets better.”

“Innovation for me is never about inventing something that was never there. It's truly about how many of these discoveries did I store in my taste memory, my heart memory, wherever, and then use that file cabinet and pull out those things and combine them at th…”

“I think bigger is gonna drive more innovation than lots of little”

“I don't think energy is a limiting factor in our ability to innovate. I don't think it is today... We're still rate limited by innovation and just raw intellectual horsepower and capability.”

“What we've seen instead over the last couple of decades is that digital markets are different. And in fact, they can lend themselves to tipping. It can actually become much more difficult to break in Once you have a firm that's become dominant and is protectin…”

“There's research suggesting that the non-enforceability of non-competes in California has actually been one of the drivers of so much innovation, because it's allowed this more organic diffusion of ideas in a way that's just been really, really healthy and Led…”

“Try and use those three things in parallel, because I think what most businesses do is they try and do things in series and businesses borrow an awful lot from the kind of Ford is Taylor is production line mentality of the process. Okay. And the process, we …”

“The reality is with remote employees, Both velocity and innovation have taken a real hit.”

“The problem is most of the things that we're spending money on in climate are very ineffective. What we should be spending more money on It's innovation. Innovation is what's going to solve climate change, just like it's the thing that solved most other proble…”

“First of all, copying isn't bad, and everyone does copy, but I think the more powerful version of imitation is far imitation, where you can make something unoriginal original and Simply by transporting it across contexts. Foreign imitation can happen cross fie…”

“In my experience, those real innovative moments actually occur when the brain is relaxed, when the heart is relaxed, ok? When we are not terrified that we are not enough.”

“I think all the indicators show that the amount of innovation that is going to happen in the next five years will eclipse the amount of innovation that happened in the last 20 years.”

“This notion of empathy is at the core of learning. We are in the business of meeting unmet, unarticulated needs of customers, right? That's where is the source of all innovation, all design thinking.”

“I think the innovation will drive a lot of a new employment. We will also, you know, have a lot of you know, obsolescence, you know, in, in jobs and even functions and industries and processes, but that's the nature of you know, of a capitalist, you know, free…”

“Average people produce average stuff, right? Crazy people on like the margins produce interesting new stuff that other people haven't thought of or haven't worked on. I think that's a really important part of innovation and creation.”

“What Europe is going to try to do is overregulate everything and just completely destroy innovation.”

“True innovation happens through iteration, right? You start working on something and you iterate, you do this thing one percent different, this thing one percent different, and then the aggregate impact ends up being something completely innovative.”

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

“If you have a business that's focused on innovation at the core, that's not actually a business. It becomes a business when that innovation becomes product, becomes distribution, when it has an advantage on data and other things. Those are real moats.”

“What's cool about building a constraints based culture is when you eliminate all those risk surfaces that are what we call not safe to try or like fatal. What's left is all this space to think. So if I say it's not mops and it's not cars, you get everything el…”

“Leaders want the upside of innovation, but they're not really willing to deal with the cost of innovation, which is like, look, if you're going to swing big, you will invariably stumble sometimes.”

“When we benchmarked, 72% of innovations actually fail from a monetization or, you know, commercial perspective, simply because entrepreneurs or companies did not do the check earlier on.”

“I think it's not unique, but it's probably single, maybe low double digits of companies have ever attempted it. Most companies are just trying to be, like, build, like, find their market fit, their core competency, and then play a defensive game around this, w…”

“Everyone pays lip service to innovation, but innovation costs you a lot. Innovation is a, if you want this, every single, like, solving any single problem in a company is tenix as hard as it is if you don't.”

“How innovation actually happens is individual connections. Most people see some idea somebody had and say, well, that doesn't fit with the usual paradigm. Like that's not actually a good idea. Like we know the right way. Now we're all very sure right now what …”

“It's actually the subjective judgments are the interesting ones because, like, the objective judgments are easy. You don't need a degree to just measure something. You know, some kid takes some test, you get a score. You can average them across everybody at th…”

“They did something that most entrepreneurs do. They look at a given problem, right? And then they just often take things that are already existing and they just kind of reshuffle them to something new, right? They recreate them in a way and shape or form that …”

“Financial services is really holding back innovation in the world. And it's holding back human progress because people don't have the freedom to participate in this global economy because of all the barriers to innovation.”

“If there's a fear of failure, if there's a fear of mistakes, that's a choice, but do not expect high levels of innovation and creativity because those things are mutually exclusive.”

“In fact, I'd say there's only a handful of ways to get fired in this industry, and one of them is innovation and looking different from your peers. The other is if you've been shown to do something that kind of Is seen as against the social mission of the fund…”

“And by the way, you cannot innovate without failure. The two are inextricably linked. It's like saying we want to be efficient and innovative at the same time. They're opposites. Innovation is failure and learning how to manage failure.”

“When you are outside of something, the chances of innovation are very high.”

“I personally think that oversupply of capital is historically a good thing for innovation insofar as it creates higher degrees of entropy.”

“I want to talk about innovation, which is the process by which a bright idea is turned into something practical, reliable, and available, and affordable for ordinary people. And that's a long slog, and it's a lot of hard work, and it's often more important, mo…”

“I think what happens is that people share their ideas, exchange their ideas, collaborate, and what really counts is how well people are communicating with each other, not how clever they are as individuals.”

“You know, in the end, it all boils down to freedom, the freedom to Exchange ideas, the freedom to fail and start again, the freedom to change your mind, the freedom to invest where you think it's right to invest the freedom as a consumer to express your prefe…”

“I think this is probably what I'd tell people, that there's no reason we can't innovate indefinitely, if not infinitely. And people say, well, how can that be? We'll run out of resources. And I'll say no, because half the time these days, we're innovating to u…”

“And I fear that some of the policy reactions to some of the hardships of our time are people that want to Take the exact opposite approach rather than enable innovation. They want to lock it down and prevent it from happening, which I think will have catastrop…”

“There is a ton of research, and from experience, maybe you all relate to this, that when you surround yourself with sameness, it's pernicious, because you're not getting new and novel ideas. People often, with rare exception, will default to what is the best w…”