How Adam Neumann’s Over-the-Top Style Built WeWork

Re:How Adam Neumann’s Over-the-Top Style Built WeWork by vincent-toups on Wednesday September 18, 2019 @03:21PM (#21008965)

Further elaboration: a financial award is a great way to tempt an innovator out of their risk adverseness: it says, you can quit your job or whatever and not risk much if your innovation is valuable.

The ideal startup person is someone who already has the idea and knows its good but doesn't want to take the risk without some kind of reward to justify it.

But if the rewards get big enough, you get reward seekers without any fundamental idea who are just going to sit around trying to come up with them until they find one someone is going to bite on.

These two populations of people are totally different and only one of them actually cares about the product or making the world a better place.

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Re:How Adam Neumann’s Over-the-Top Style Built WeWork by tryitnow on Thursday September 19, 2019 @12:49PM (#21018025)

I am actually pretty skeptical of financial rewards, I think after a certain point they are far better at attracting the wrong type of person.

Of course, that leaves us with the question of how to attract productive innovators. I don't know. I'd probably lean toward some combination of restrained capitalism + massive subsidies to talented technical people + prizes for innovation.

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