The Financialization of Disruptive Technology
The Agile Manager
SEPTEMBER 30, 2019
A recent FT Lex article on biotech investing drives the point home: "A 20-year study found only one-fifth of exits were profitable. The formula was to exploit the adaptability of software and expedite its application: get new code changes deployed every month, every day, every hour when possible. Picking winners is hard.
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