article thumbnail

ESADE Business School Commencement Speech

Steve Blank

I’m honored to be at a university noted for knowledge, and in a city with 2000 years of history – home of Gaudí one of the 20 th century’s greatest innovators. Fifty years later another Harvard professor, Clayton Christensen, developed his theory of disruptive innovation, which actually described how creative destruction worked.

article thumbnail

April 4-Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO

David Teten

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will Work for Equity - Investing in Clients - Arizona Bay

www.inc.com

Research & Development. Will Work for Equity. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Jumpstart was one of Grahams first clients; it signed on shortly after he founded Arizona Bay, in 2000. Theres a huge opportunity cost in not taking equity," he says. TECHNOLOGY. Technology.

Arizona 40
article thumbnail

VC Evolution: Physician, Scale Thyself.

500hats.com

Or, as my friend Marc Andreessen might say, Software Eats the Private Equity World. While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago.

article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

invested, IPO’ed in 2000 for $32/share — stock price now $2. Seven — On $60m invested, still private, cancelled an IPO. After all, before the house of cards inevitably tumbles, private equity investors get a tidy return. Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997.

IPO 240
article thumbnail

Texas Startup Manifesto 2.0

Austin Startup

The newest development phase dubbed “TMC3” will lead the world in life sciences research commercialization. Research Institute, Texas Biomedical Research Institute, and several public universities and Department of Defense research and development programs. In Houston, we are not just running, we are sprinting?—?in

Texas 90
article thumbnail

14 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Bioquark’s current focus is on developing proprietary. By screening hundreds of SMB acquisition opportunities as managing partner at my private equity firm, I saw first-hand that the vast majority of small business owners run their firms without the benefit of good financial or operating metrics. Aha–ghostwriting!