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by j7ake 3568 days ago
I would disagree. Just read the list of nobel prize winners and how many of them are academics. These are often actual paradigm shifts in how you think of the world that lasts generations, not decades.

Compare this with the impact a successful startup has and it does not quite compare. A successful startup creates new jobs. Novel science that can be applied creates entire industries.

1 comments

When he/she says high returns I'd imagine he/she is referring to monetary gains.

So impact withstanding, a Nobel prize winner is awarded roughly 8 million SEK, which is 941320 U.S. dollars. Now, disregard their monthly salaries, as the time it takes from winning a Nobel Prize varies from an infinity to once or twice and consider the portion of Nobel prize winners compared to the number of scientists and measure that against the number of businesses owners that rake in 941320 dollars a year out of all of the business owners that there are and I'm sure you'd agree that if you are optimising for personal economic gains going the academic route is not the wisest choice.