The infamous Tommy-gun toting John Dillinger was once asked why he robbed banks. He responded, “Because that’s where the money is.”
The world has many people who chronicle the events of our lives but no one group of people writes more of the first page of history than reporters.
The tech industry’s “fail fast, fail often” mantra has proven successful in pumping out world-changing innovations in record time. The faster one figures out what doesn’t work, the faster one can get to something that does. Failure is a good thing that is a natural consequence of the innovation process.
Peter Thiel, the legendary co-founder of PayPal, says that the greatest threat to technological growth in America is a culture that embraces conformity. “I worry that the conformity problem is worse today than it was in the ‘50s,” said Thiel at an event hosted by the Mercatus Center.
Edward Luce writes in the Financial Times that “American’s politics is remarkable for its resistance to new ideas.” Luce contrasts this way of thinking to the sort that percolates in the
Five years ago, there were no startup incubators in New York City.
The Big Apple could hardly be called a hotbed for new innovation, as its economy still relied heavily on big corporations and the financial sector.