Why does innovation always head in a certain direction? What gives a certain market the ability to keep rising for over a century?
The answer lies in the same place: there, you have a complete ecosystem that turns ideas into giants, as well as a capital system that continuously harvests the growth of these giants.
Innovation and capital have always been two sides of the same coin.
Most people just see “those companies are really awesome.”
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Let me ask two questions first—
Why does innovation always head in a certain direction?
What gives a certain market the ability to keep rising for over a century?
The answer lies in the same place: there, you have a complete ecosystem that turns ideas into giants, as well as a capital system that continuously harvests the growth of these giants.
Innovation and capital have always been two sides of the same coin.
Most people just see “those companies are really awesome.”