Why Truly Groundbreaking Startups Are the Hardest to Invest In

By Andy Gordon What do the following have in common?

Food replicators
Asteroid mining
Robotic janitors
Full-diagnostic wearables (like taking a physical every day)
“Fountain of youth” pills
Passenger drones

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Some may say they’re all audacious ideas. Some may say use is far off. Others may say widespread use will never materialize.
The more cynical and less hopeful might say they’re all a joke, something an investor should not take seriously.
I like that last answer: Something not to be taken seriously. But I don’t use it the way you might think – to avoid all this frivolous stuff. Quite the opposite.
We’re all guilty of falling into the trap of assuming some …read more

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