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A comment on We must return to an economy fueled by innovation, rather than disruption. Parent comment

Re:We must return to an economy fueled by innovation, rather... by throw-nocoiner on Sunday March 13, 2022 @08:12AM (#30660553)
IMHO a bigger problem is equating innovation with digitization. In the end, living standards mostly stem from our interactions with the physical world, not digital. After all, rich people buy yachts and mansions, not Adamantium armor++ set

Venture capital ought to have it's hand on the pulse of technology. The most impactful tech of the last 5 years, with massive societal and financial returns, was mRNA vaccines. Yet I've never heard VCs raving about them. As soon it touches physical world, it gets shunned by investors

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Re:We must return to an economy fueled by innovation, rather... by Ankaios on Sunday March 13, 2022 @09:52AM (#30661198)
My understanding is that Moderna basically started as a result of a venture firm recognizing that mRNA drugs might lead to valuable new things (https://www.flagshippioneering.com/companies/moderna).
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