I mean this seriously: what problem does one think they're solving, here?https://twitter.com/Noahpinion/status/1088113678640009216 …
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True, though VCs also get 1% that make gangbusters - VC funds structure their strategy around those, the 90% are detrius. BR by definition doesnt capture the finc. returns of its impact, and calc-ing the value add sans that is tough - innovation in firms is still hard to value!
A non-profit idea VC would still be aiming at the "1% that make gangbusters," it's just that the measure might not be profitability, but something like "creation of new idea substrate" or essential concepts... there are a lot of would-be philanthropists, this doesn't seem crazy
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Its not crazy, I just think that that is currently at least 50% happening? Its not like the NSF isnt trying to target "high intellectual demand" or "broad social impact", two of its merit criteria. I think many groups aim at this, if they are failing, why do they fail?
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(this is also certainly an essay-length-topic, not a tweet-length topic. And a very good topic idea at that)
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