#55: What is the insurance against Innovation Dilemma?

<p>To stay up to date checkout <a href="thestartupproject.io">⁠<strong>⁠⁠thestartupproject.io</strong>⁠⁠⁠</a> &amp; follow Nataraj on twitter: <a href="https://twitter.com/natarajsindam">⁠<strong>@natarajsindam</strong>⁠</a></p> <p>In this episode Nataraj spoke to Taylor Black who co-founded Fizzy Inc. Post Fizzy Taylor worked at Innovation Science Fund &amp; currently works as a Principal Product Manager at the Office of the CTO Incubator at Microsoft. </p> <p><strong>Transcript:</strong></p> <p>[00:00:00] Nataraj: To me it always made sense for large companies to have some kind of incubator or accelerator model because one of the reasons I think we are seeing in this bear cycle, sort of like when the wave sort of, you know, falls down, you see who&#39;s naked scenario.</p> <p>[00:00:17] Nataraj: Um, I think any company which survives multi decades has to have multiple large businesses. Mm-hmm. . I think in a lot of ways, I mean, looking back, a lot of companies didn&#39;t, uh, look for long-term opportunities as much as they should. Like we can talk about like, uh, Amazon, you know, putting billion dollars into their phone, but I would argue the potential on the upside of suckers was so high they should have put in, you know, one more billion and tried the next version.</p> <p>[00:00:50] Nataraj: Mm-hmm. . Mm-hmm. , uh, and I. , like argue the same with Facebook in a sense. Like now they&#39;re doing this metaverse thing. [00:01:00] Um, and sort of again retreating that back now. But I feel like even Facebook with all its cash flow, uh, didn&#39;t really think, um, because they always self constrained themselves to be a social company.</p> <p>[00:01:14] Nataraj: Um, like I think that&#39;s sort of like a self-imposed mental model on themselves. Mm-hmm. , like, uh, I would not impose themselves like a social company. Yeah. You work good at Facebook and WhatsApp, but I mean, look at how many great technologies that came out from Facebook, open source community and like putting that social as a blanket on your co