Innovation is very hard, esp in a capital intense industry. Most startups will prob not “change the world” themselves, offering incremental innovation instead (which should still be viewed as a success, not a failure) but a few will succeed wildly and hopefully many more will follow. This industry is so ready for disruption for all the reasons you mentioned.
Agree as well. I think unicorns exist in every business sector, but they seem to be fewer in number in the chemical industry because of the massive capital required just to produce product.
Agree 💯
Innovation is very hard, esp in a capital intense industry. Most startups will prob not “change the world” themselves, offering incremental innovation instead (which should still be viewed as a success, not a failure) but a few will succeed wildly and hopefully many more will follow. This industry is so ready for disruption for all the reasons you mentioned.
Agree as well. I think unicorns exist in every business sector, but they seem to be fewer in number in the chemical industry because of the massive capital required just to produce product.