Quote #4632 about development by Bill Gates
You know, development sometimes is viewed as a project in which you give people things and nothing much happens, which is perfectly valid, but if you just focus on that, then you'd also have to say that venture capital is pretty stupid, too. Its hit rate is pathetic. But occasionally, you get successes, you fund a Google or something, and suddenly venture capital is vaunted as the most amazing field of all time. Our hit rate in development is better than theirs, but we should strive to make it better.by Bill Gates
Quotes You Might Also Like
More quotes by Bill Gates
OK, I have a nickname. My family calls me 'Trey' because I'm William the third. My dad has the same name, which is always confusing because my dad is well...– Bill Gates
It's possible - you can never know - that the universe exists only for me. If so, it's sure going well for me, I must admit.– Bill Gates
The government is somewhat inept, but the private sector is inept in general. How many companies do venture capitalists invest in that go poorly? By far most of them. However,...– Bill Gates
Random Quotes
Good stuff tends to happen gradually, whereas violence or catastrophes are deemed more newsworthy.– Bill Gates
“All people are endowed with the faculty of compassion, and for this reason can develop the humanitarian spirit.”– Albert Schweitzer
The most straightforward path would be if we could bring the cost of solar electric and wind down by another factor of say, three, and then have some miraculous storage...– Bill Gates