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ESADE Business School Commencement Speech

Steve Blank

Fast-forward to today—Apple is the most profitable Smartphone company in the world and in Spain Android commands a market share of more than 90%. Today billions of dollars that companies could have invested in innovation are sitting in the hands of private equity funds. Its worldwide market share of Smartphones has dwindled to 5%.

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Why haven’t European investors fully accepted the ‘failure is good’ mentality yet?

The Next Web

This was reported as being untrue by British Private Equity & Venture Capital Association (BVCA) about a year ago. With huge unemployment rates in countries like Spain, Greece and Portugal, coupled with risk-averseness and impractical education this leads to a circle of hopelessness. It’s a great life lesson in any case.

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Startup Resources

www.vccafe.com

Agile project management tool that enables real time collaboration. Agile project management. agile product management. agile product management and Scrum tool. Agile project management tool collaborative product life-cycle. Automates Agile / Scrum development. Agile eLearning. Founder Equity Issues.