Obama Uses “Venture Capital” Simile

Interesting moment yesterday during Bill O’Reilly’s interview of Barak Obama, at least for the peHUB audience. While discussing Obama’s alternative energy plans, O’Reilly suggested Obama was “scatter-shotting” the situation. Obama’s response, in part:

“The nature of discovery and research and innovation is you put money into a lot of promising pockets — it’s like venture capital — and some things are going to work and some things are not.”

Does the simile hold for you? Here’s the video (this part is right near the beginning):

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