Why the Wealthy Should Fund Innovation

Former Microsoft Chief Technology Officer Nathan Myhrvold believes that successful businesspeople should get involved with innovative startups. These wealthy individuals no longer have the pressure to provide for their families, so they can afford to take on riskier ventures. Moreover, says, Mr. Myhrvold, “We have the experience and resources to look for game-changing ideas—and the confidence to act when we think we’ve found one.”

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