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Quote by Bill Gates

“You know, development sometimes is viewed as a project in which you give people things and nothing much happens, which is perfectly valid, but if you just focus on that, then you'd also have to say that venture capital is pretty stupid, too. Its hit rate is pathetic. But occasionally, you get successes, you fund a Google or something, and suddenly venture capital is vaunted as the most amazing field of all time. Our hit rate in development is better than theirs, but we should strive to make it better.”

Quote by Bill Gates

Author

Bill Gates, born on October 28, 1955, is a renowned investor. He is the co-founder of Microsoft Corporation and served as the CEO and Chairman of the company. Gates has had a profound impact on the computer software industry, particularly in the development of personal computer operating systems. He stepped down as CEO in 1995 and has since focused on philanthropy, using the Bill & Melinda Gates Foundation to fund global health, education, and poverty reduction initiatives. more

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Book:Business @ the Speed of Thought: Succeeding in the Digital Economy

Source: Business @ the Speed of Thought: Succeeding in the Digital Economy