Bill Gates Won’t Save Us

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on SV being unable to combat climate change on its own (cites green tech disaster of 2006-2011, spearheaded by John Doerr). even Bill Gates' new billion-dollar fund on clean energy won't help


        Tarnoff, B. (2017). Bill Gates Won’t Save Us.  Jacobin, 26, pp. 108-110

108

Venture capital is designed to demand large returns in the short term. This makes VC firms unlikely to support the sort of research that produces technological breakthroughs, which requires generous financing over long periods of time. Science operates on a different timetable than capitalism.

Bill Gates' fund is a 20-year one, as opposed to the more usual 10-year one, but that's not enough

—p.108 by Ben Tarnoff 7 years, 1 month ago

Venture capital is designed to demand large returns in the short term. This makes VC firms unlikely to support the sort of research that produces technological breakthroughs, which requires generous financing over long periods of time. Science operates on a different timetable than capitalism.

Bill Gates' fund is a 20-year one, as opposed to the more usual 10-year one, but that's not enough

—p.108 by Ben Tarnoff 7 years, 1 month ago

Earth, Wind, & Fire
by Jacobin

Earth, Wind, & Fire
by Jacobin

Earth, Wind, & Fire
by Jacobin