On Medici and Thiel

There should be Retroactive Public Goods Funding for those founders crazy enough to try something truly new that failed as a business but succeeded in creating useful mutations, maybe even ticker tape parades, and certainly not derision.

Venture capital actually does a pretty great job here (the beauty of the model is a subject for a future piece, ... See more

Philanthropic foundations bias heavily towards granting large $ amounts exclusively to organizations (not individuals), meaning there are few existing avenues to fund promising people.