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by coolsuds420 397 days ago
There are so many obvious counter examples you should be ashamed of yourself. Consider Pratt & Whitney working on geared turbofans for decades, they made that investment privately.

Or consider Tesla, they brought the roadster to market purely off private investment. That’s a lot of r&d for things like battery management systems, motors, and power electronics which took years.

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> There are so many obvious counter examples you should be ashamed of yourself. Consider Pratt & Whitney working on geared turbofans for decades, they made that investment privately. Or consider Tesla, they brought the roadster to market purely off private investment. That’s a lot of r&d for things like battery management systems, motors, and power electronics which took years.

Both happened before the redefinition of competence to making the most money in 90 days. This is a relatively recent shift; and while its roots start in the 1950s, its completion has only happened recently, within the last decade or so.

Pratt and Whitney brought their geared turbo fan to market in 2019 and Tesla brought the roadster to market in 2008.

Meta’s investment in oculus also defies a 90 day payback period edict.