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The two primary investments in any company are financial and intellectual. And each investment must be redeemed. Unfortunately, the redemption cycle is usually planned with the current state of technology in mind – but technological development continues to accelerate.
The result: Established businesses and countries are often not flexible enough to react to change in a timely fashion. Startups therefore have a built-in advantage, as they don't need to wait for large technological investments to pay off. Alain Veuve calls this the fiberglass paradox. Read the full article to find out more.
