Venkatesh Rao@vgr·Dec 3, 2015If 90%+ benefit of entrepreneurship accrues to society via spillover/consumer surplus (as well as most social cost), ROI is a bad metric12
Venkatesh Rao@vgrReplying to @vgr"Investment+ROI" is legible, captures investors/entrepreneurs stakes, but is there better microeconomic measure that captures societal eqn?11:22 PM · Dec 3, 20151 Like