and where does the company get the money to spend on R&D? That is the chicke...

bignoggins on Sept 5, 2011 | parent | context | favorite | on: Steve Jobs and the Eureka Myth

and where does the company get the money to spend on R&D? That is the chicken and egg problem. That's like saying Warren Buffet is good at picking stocks because he is rich and can afford to spend more money picking stocks.

rsynnott on Sept 5, 2011 [–]

Generally by borrowing it, if they don't have a cash surplus.