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RE: Introduction to the Economics of Technology With Taskmaster4450

in LeoFinance10 months 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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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

Posted Using LeoFinance

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,