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ESADE Business School Commencement Speech

Steve Blank

The convergence of digital trends along with the rise of China and globalization has upended the rules for almost every business in every corner of the globe. It’s worth noting that everything from the Internet, to electric cars, genomic sequencing, mobile apps, and social media — were pioneered by startups, not existing companies.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Tim O’Reilly, CEO, O’Reilly Media, argues , “Blitzscaling isn’t really a recipe for success but rather survivorship bias masquerading as a strategy.” This causes the cost of capital for Flexible VC, often calculated through IRR (similar to an interest rate), can be higher than that of venture debt or traditional RBI. Venture Debt.

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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency.

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ESG in Venture Capital: Interview with Blue Future Partners (VC Fund of Funds)

David Teten

This is specifically a program to recruit CEOs, investors, and other business leaders, to help them use their superpowers to help protect democracy. We ask our Ambassadors: “Do you have access to a media platform? Does your business touch potential voters? Are you aware of the information that the media should know?

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Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

This recommendation also valuable for companies that have very unique business models, or face other unusual circumstances (geographic, size, amount of innovation, and many others). Leaders (company is leaving China, our IPO is next week, 1,800 new stores are being opened in 180 days, our new IRR is 8%). See Page 269. :).

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