New Zealand should be more like Silicon Valley if it wants its companies to succeed on the global stage.
This follows claims potentially good New Zealand companies are going broke, from a lack of investment staying in New Zealand.
Rocket Lab founder Peter Beck told Mike Hosking there's nothing magic in the water in Silicon Valley.
"There is a few kind of fundamentals. The first one is you can have a go, fail, then go straight back to the same investors next week. There is an acceptance of failure where there isn't here in New Zealand".Â
LISTEN TO THE FULL INTERVIEW WITH MIKE HOSKING ABOVE
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