October 24, 2008
In the context of a world largely screaming for regulation, we once again see a visionary business man at work. The Washington Post reported that Bill G distributed 104 grants of $100,000 each through the Gates Foundation to grants that may prove productive partially because they don’t incorporate the traditional peer review requirements that seem a necessary, but stifling requirement of medical research. While I am all for accountability and a dose of fact-checking, innovation happens when you break the mold, push the boundaries and dare to think out loud (over the protests of your peers). And while we’re at it…..there’s wild speculation about his new company bgC3. Is it a business venture? Is it a philanthropic venture? Call me crazy but given his background….would it be that outlandish to think its a think tank for philanthropic business ventures?