@paulg Agree completely. This is why healthcare in the UK is so hard to innovate within -- because the NHS is monopoly buyer
There is a fundamental mismatch between bureaucrats, who think nothing of delaying something 60 days, and startups, which die in 60 days.
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@paulg a combination of asymmetric utility and concave vs convex risk preferences. A manifestation of non homogeneous human natureThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg A challenge for all companies that do business with the government! May not kill the company, but does force layoffs.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg slowness means fearThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg that kind of power is why many people became bureaucrats in the first placeThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Bureaucrat's lifeline is not cash, while startups is.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg What are the bureaucrats delaying?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg if u follow #787 debacle I'll be thankful 4 competent bureaucrats concerned bout safety https://www.afp.com/en/news/15/us-orders-urgent-engine-fix-boeing-787-dreamliners …Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg argument for startups in regulated verticals to plan for 2x runway.Thanks. Twitter will use this to make your timeline better. UndoUndo
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