Remove Balance Sheet Remove IRR Remove Management Remove Operations
article thumbnail

ESADE Business School Commencement Speech

Steve Blank

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. But the world you lead will be much different from the one your professors knew or your predecessors managed. The question for all of you is … “ What will it take to inspire and manage this kind of innovation?”.

article thumbnail

Why Companies are Not Startups

Steve Blank

20 th century Management Tools for Execution In the 20 th century business schools and consulting firms developed an amazing management stack to assist companies to execute. These tools brought clarity to corporate strategy, product line extension strategies, and made product management a repeatable process. StageGate Process.

IRR 335
Insiders

Sign Up for our Newsletter

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

article thumbnail

A trial balloon: How large corporates can coinvest with their employees’ angel investing

David Teten

Many large corporations face three seemingly disconnected challenges; they want: – Better returns on their balance sheet and underfunded pensions; – Access to the innovation economy to stay on top of the early-stage companies attacking their business; and. Trevor Bond , former CEO of CEO of W.P.

article thumbnail

When Entry Multiples Don’t Matter

Ben's Blog

This growth could be a function of product differentiation, go-to-market operations, sheer market size, new geographies, and expansion into adjacent categories. The management teams of both companies may want to be valued at 15x 2020 revenue — in other words, both companies would be worth $300 million. Not too shabby!