The Experimentation Layer

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.

“Why didn’t they simply do the perfect thing on the first attempt?”

The short answer is: that’s not how this works. Things are not linear or clean. We can only asymptote towards perfection through trial and error.

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