The history of innovation and technology reveals that many valuable innovations do not reward their inventors financially.

There are many areas of innovation that have seen tremendous advancements, yet no one has made significant profits from them.

The structure of competition in industries often prevents innovators from making money, despite creating significant value for society.

The narrative around innovators often overlooks the years of hard work they put in, focusing instead on moments of sudden inspiration, but true innovation typically requires sustained effort and a willingness to defer gratification.

In science, significant discoveries often arise from chance or hard work, emphasizing the importance of time spent in the lab.

In today's society, you are rewarded for creative work and for creating something new that society desires but doesn't yet know how to obtain.

In academia, most intellectual property is owned by universities, which complicates the process for researchers wanting to commercialize their discoveries.

Biotech founders often make the mistake of not conducting the essential experiments needed to validate their ideas, fearing that failure could jeopardize their startups.

Technical founders often misunderstand the value they can extract from working at FAANG companies, thinking they will work on significant projects, but often they end up doing less impactful tasks.