A few weeks ago Google announced that it was close to achieving “quantum supremacy”. Maybe the machines are about to take over. Actually, Google has just made the next stage quantum computing chip (called Bristlecone) that has 72 bits. John Martinis, who heads Google’s effort, says it’s “pretty likely” that the new chip can achieve “quantum supremacy.” But what does this mean?
Investors usually focus on buy price, exit price and perhaps how long in-between the two. But we may be looking in the wrong direction altogether. Earlier this year, Forbes magazine ran a headline declaring that we’ve come to a pivotal moment for investors, particularly for those in innovative businesses. The article pointed out that some events stand out as watershed moments such as Bill Gates writing his “Tidalwave of the Internet” memo in 1995 or Steve Jobs holding up the iPhone in 2007. So what was this earth changing event?
Many factors influence startup business success but is there one overriding factor? Evidence seems to point that way.