“If Corporate innovation was an asset class it would be the worst performing asset class in the world.”

I heard this the other day from a senior person in that world.

Chimes with something Ive been thinking for a while..

Who would you back to win ? A salaryman who wouldn’t get his bonus or entrepreneur who wouldn’t eat?

Was an interesting POV — basically the idea is that the incentives are wrong.

A case of Charlie Munger’s “show me the incentive and I’ll show you the outcome” and Taleb’s skin in the game being everything?

What’s your entrepreneur ecosystem strategy?

If you liked this and want more then this is 😊 Me , 💵What I invest in,⚡A belief in corporate innovation and 😱A movement I helped start by accident . Also Check out www.thebakery.com and www.saatchinvest.com