Abstracting the blogosphere

Abpost .n. Abstract of a post

The irony of large numbers @ Forbes.com

Posted by suntzu on October 9, 2006

Author points out a tendency with Big Technology companies and Venture capitalists when it comes to incubating a great idea. Authors says that unless an idea holds potential to generate 30 or 40% returns, it never gets real preference by Big Company or by VCs. Such acts lead to non-creation of a technology that could do good to many people.
Author picks up the case with two independent enterpreneuers who believed otherwise. It shows how these two guys successfully nurtured an idea or concept, what was orginally dropped by Giants due to lack to not so lucrative market or not enough returns, and ended up impacting many people and reaping the huge humanitarian payoff. Author insists such people are the true mavericks of technology because they worked for goodness not gold.

A good post. Do read for examples given.

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