Stefanie SchulteOne possible reason why we are seeing so many unconvincing business models backed by venture capital (hoping for an exit e. g. through an IPO): The stock market rarely rewards truly innovative business models.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2117516
Obvious explanation given in this paper: The attention span of investors tends to be short, and they are often lacking expertise.
Klaske Wijkstra 🌻