The Financialization of Disruptive Technology
The Agile Manager
SEPTEMBER 30, 2019
What if this is not a viable strategy? 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 whole point of the portfolio model applied to captive technology investing was to avoid taking a long position in any one thing. Better figure it out.
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