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Why Internal Ventures are Different from External Startups

Steve Blank

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. A startup is a temporary organization in search of a repeatable, scalable business model. When companies want to innovate a new business model (vs.

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Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. business model is broken. business model that drives job growth in emerging growth companies is IPOs. But from 2000 to the end of 2007, the rate plunged to 900,000 a year. The pipeline is dry because the U.S.

IPO 38
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The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. In it we explicitly state: “The real value creation comes when innovative technology enables innovative products and services with innovative business models….What

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Recurring Revenue is Magic

Seeing Both Sides

But many years later, I began to appreciate that one of our core flaws was our business model. million in one year, the year we went public at a billion dollar valuation (ok, it was 1996; everyone went public in 1996 with a billion dollar valuation), and then $61 million the following year. million to $22.5

Revenue 54
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ProfessorVC: Is it the Horse or Jockey?

Professor VC

Hans Hvide at the University of Aberdeen Business School just published a paper, "The Horse or the Jockey? Hvide analyzed 6,800 companies that started between 1996 and 2003 in Norway. The Most Important Venture Capital Statistic. Congratulations on the Best Venture Capital Investment. Venture News.

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Is 2009 the year of mobile computing?

BeyondVC

  More importantly, will there be any grand slam venture capital opportunities in wireless?    Through various forms I have been involved from an investment perspective in wireless-related companies since 1996 when I made an investment in a company called AirMedia. 

Mobile 60
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The Ultimate Guide to Starting a Software Company

Up and Running

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. The business model. venture capital.