X has a very specific charter: to take their best ideas from concept to commercial viability in a five-to-ten-year time horizon. It’s not enough that the idea is a world-changing solution, or even that the proposed solution is possible. They also have to know that the economics will work, so that it will become self-supporting and profitable. The reasoning behind the five-to-ten year time horizon is that if the solution could be developed in fewer years, somebody else is probably already working on it. If it is going to take longer than a decade, the technology might be outdated by the time it
...more