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The Secret History of Minnesota Part 1: Engineering Research Associates

Steve Blank

now fighting Germany, and the Soviet Union looming as a potential adversary U.S. code breaking would grow to 20,000 people working on breaking the codes of Germany, Japan and the Soviet Union. At the start of WWII the Army and Navy code breaking groups each had few hundred people mainly focused on breaking Japanese codes.

Minnesota 288
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Founder2be Helps You Find Co-Founders

YoungUpstarts

The folks over at Founder2be ( www.founder2be.com ) believe that finding the right co-founders for your fledgling company is actually the most difficult yet crucial in determining the ultimate success of your venture. But he had tremendous difficulty finding the right co-founder and finally gave up on his idea.

Cofounder 195
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Stop Thinking And Acting Local: Small Businesses Seeking Growth Should See Themselves As Global Enterprises

YoungUpstarts

Marketing products into international markets is not a simple task”, says Julio Oliveto, founder of Livre, an innovative wheelchair-tricycle company in Brazil. I’d never thought an investment at the start would make such a difference”, said Jessica Krauter, co-founder of Buah. Attracting Overseas Customers.

Global 145
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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. Key Insights. Red Ventures (HBS, Wharton).

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Does Your VC have an Investment Thesis, or a Hypothesis?

David Teten

(co-written with Stephane Nasser , co-founder of OpenVC , an open-source initiative to collect and analyze all VC theses.). OpenVC is a new, open-source initiative to collect and analyze all publicly available VC theses, to help founders more efficiently find the right investors, and vice-versa. of venture capital deals.

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders?

Equity 78
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Survivors

Both Sides of the Table

It’s my hypothesis of why so many founding teams have 3-4 founders. I’ve seen many first-time founders who had fallings out with their co-founders, had lawsuits, had investors bail on them, lost market momentum. I lived and worked in England, France, Italy and Japan and had worked extensively in Germany.