A Beer Drinker's View of the Venture Industry
Genuine VC
SEPTEMBER 7, 2010
Most VCs drink beer, but how much do they realize that their industry is increasingly resembling that of the beer industry? Forgive me if I start a bit theoretical. The famed business strategist Michael Porter described a set of successful general strategies which firms employ to achieve a sustainable competitive advantage: differentiation strategy and cost leadership strategy for those firms with a broad market scope, and a segmentation strategy for those with a narrow market scope.
Let's personalize your content