The Virtual Economy will provide an opportunity for people to smooth or augment their real-world income through a non-native economic system. This has profound implications for global wealth and income inequality.
Healthcare + Life SciencesCan we longitudinally study humans so we can predict when they will fall ill?Can we catch people at risk for chronic diseases (COPD, CVD, Diabetes, HF, mental health, neurological disorders, autoimmune disorders, cancer) before they are at risk?Can we improve the outcomes for people that suffer from chronic non-communicabl... See more
There are reasons to like the industry: GLG reported $589m last year, and its cost of revenue line was $155, which mostly consists of the cost of paying experts for those calls, for a gross margin of 74%. As a few people have pointed out, this gives GLG one of the highest take rates of any company, possibly second to Getty Images but possibly, depe... See more
Scale without quality is also not entrepreneurship—it is business as usual. And it leaves businesses exposed to competitors who steal its customers (and, worse, employees).