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Why Uber is The Revenge of the Founders

Steve Blank

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. A pre-IPO board usually had two founders, two VCs and one “independent” member. Technology Cycles Measured in Years.

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Announcing our investment in Jam

Version One Ventures

For some more context on this, see the email I sent to Dani Grant and Mohd Irtefa , Jam’s co-founders, right before we invested. . Dani and Irtefa are two incredible examples of mission-driven founders. Jam’s mission has inspired a fantastic investor base to come together for their $3.5m seed round.

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Go global or grow local? The Kiwi startup quandary

NZ Entrepreneur

A new study considers whether it is better to “go global” from day one, or to grow locally first. In 2014 Niesh co-founder, Jae Yoo, now 26, had $10 in his bank account, and had to choose between printing past papers for exam study, or feeding himself. It didn’t work. “We

Global 50
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Women 2.0 » FounderDating: How I Found My Co-Founder

www.women2.org

female founders. founder friday. Lessons learned from female founders and women entrepreneurs. Startup Quote: Wendy Tan White on Building a Successful Startup » FounderDating: How I Found My Co-Founder. Tweet By Elizabeth Knopf (Co-Founder & CEO, Sorced). Conference 2012.

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HBS Entrepreneurs Founded the Most Startup Unicorns of Any MBA Program

View from Seed

Though, this article is not a reflection on the fundamentals of unicorns—rather, I am using them as a proxy for situations in which founders have executed on big ideas. 38 unicorns, or 1 in 4 (24%), have at least one MBA founder. 63 MBA founders are represented among the 157 unicorns. Global Fashion Group (3x HBS, 2x Wharton).

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Innovation, Change and the Rest of Your Life

Steve Blank

The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating. Founders Need to Run the Company Longer. So, almost like clockwork 20 th century startups fired the innovators/founders when they scaled.

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Free money for your impact tech startup

David Teten

Now the bad news: some venture capitallists have a bias against startups with an explicit positive social impact, on the grounds that they have a smaller addressable market, and that the founders are not sufficiently focused on creating shareholder wealth. J.M.Kaplan Innovation Prize. “The Bloomberg New Economy Forum Solutions.