http://otcc.disqus.com/enWed, 14 Nov 2007 09:32:37 -0000http://www.overthecounterculture.com/2007/criticism-of-the-x-prize-foundation/#comment-1768681We'll allow history to judge the public benefit of our first three X PRIZEs. As announced at the Clinton Global Initiative (<a href="http://www.xprize.org/foundation/press-release/x-prize-foundation-makes-commitment-to-action-at-clinton-global-initiative" rel="nofollow">http://www.xprize.org/foundation/press-release/...</a>) we intend to launch more than a dozen prizes in health, energy, education, international development--an agenda clearly aimed at global benefit.<br><br>X PRIZE is broadening its funding base, increasingly utilizing an 'open prize development' strategy, and will launch an online inducement prize capability in 2008. <br><br>We'll continue to target categories that are 'stuck,' where there's insufficient capital addressing global problems. With great care, we define difficult but achievable goals likely to create or reshape markets for public benefit. Read more: <a href="http://www.xprize.org/blogs/tom-vander-ark/why-prizes" rel="nofollow">http://www.xprize.org/blogs/tom-vander-ark/why-...</a><br><br>Tom Vander Ark, President<br>X PRIZE FoundationTom Vander ArkWed, 14 Nov 2007 09:32:37 -0000