"The government is somewhat inept, but the..." - Quote by Bill Gates
The government is somewhat inept, but the private sector is inept in general. How many companies do venture capitalists invest in that go poorly? By far most of them. However, every once in a while a Google or a Microsoft comes out, so people keep giving them money.
More by Bill Gates
“I read a lot of obscure books and it is nice to open a book.”
“Philanthropy is fun and fulfilling.”
“Before you were born, your parents weren't as boring as they are now. They got that way from paying your bills, cleaning your clothes and listening to you talk about how cool you thought you were. So before you save the rain forest from the parasites of your parent's generation, try delousing the closet in your own room.”
More on Business
“The government in business may waste time and money without rendering service. In the end the public pays in taxes. The corporation cannot waste or it will fall. It cannot make unfair rulings or give high-handed, expensive service, for there are not enough people willing to accept inferior service to make a volume of business that will pay dividends.”
“Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.”
“My principal business is giving commercial value to the brilliant - but misdirected - ideas of others.”