, 4 tweets, 1 min read
What?!
1- @Theteamatx has midwifed Waymo, Verily, Wing, Chronicle, Smart Glasses (early flop as consumer; used widely in other apps) and many v promising projects now in development (e.g. robotics, energy, food) /1
2- Timeline to measure success for many of these projects is years out, so how would one judge failure now?? (3 years after invention of the transistor there were no applications and no revenue - so was the transistor a "failure" at that point?) /2
3- It's returned many times its invested capital and had many terrific indirect spillover benefits for the mother ship (separate but v important story) /3
4- if projects *aren't* failing at well over 50% rate, it's probably a bad sign. not taking enough risk.
/end
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