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There are so many obvious counter examples you should be ashamed of yourself. Consider Pratt & Whitney working on geared turbofans for decades, they made that i
by coolsuds420 1y ago
There are so many obvious counter examples you should be ashamed of yourself. Consider Pratt & Whitney working on geared turbofans for decades, they made that investment privately.
Or consider Tesla, they brought the roadster to market purely off private investment. That’s a lot of r&d for things like battery management systems, motors, and power electronics which took years.
- lenerdenator 1y ago> There are so many obvious counter examples you should be ashamed of yourself. Consider Pratt & Whitney working on geared turbofans for decades, they made that investment privately. Or consider Tesla, they brought the roadster to market purely off private investment. That’s a lot of r&d for things like battery management systems, motors, and power electronics which took years. Both happened before the redefinition of competence to making the most money in 90 days. This is a relatively recent shift; and while its roots start in the 1950s, its completion has only happened recently, within the last decade or so.
- coolsuds420 1y agoPratt and Whitney brought their geared turbo fan to market in 2019 and Tesla brought the roadster to market in 2008. Meta’s investment in oculus also defies a 90 day payback period edict.