Scott Galloway
Welfare Queens
No Mercy / No Malice, 2022
¿De qué se trata?
The world’s largest and most successful venture capitalist is the US government.
Recommendation
The US government is the largest venture capital firm – with enormous resources of money, time and patience – and one of the world’s most successful. Public grants and subsidies to start-ups like Tesla, Amazon, Apple and Microsoft jumpstarted what became behemoth successes. Yet, as professor Scott Galloway notes in this bracing commentary, many of the beneficiaries tend to disparage government investment in research and innovation. Galloway makes a bold case for the deep pockets and patient capital that has helped foster private sector development in the United States for decades, and he proposes that more of those rewards go to US taxpayers.
Summary
About the Author
Scott Galloway is a professor of marketing at the New York University Stern School of Business.
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