In David and Goliath, bestselling author Malcolm Gladwell explains how small upstarts often have surprising advantages over larger, more powerful opponents. “Giants are not what we think they are,” he writes, “and that often makes us fail to appreciate less conventional strategies that may be superior.” That’s certainly true in business. Large enterprises must serve the present. ...
Startup entrepreneurs look eagerly towards the venture capital community, seeing the myth of a big pot of money ready to be given away to worthy ventures. Advisors, business school professors, and a lot of people who ought to know better, see VC funding as a given for far too many ventures, when in reality, there are a lot of great ideas that never get a single dollar in funding. Continue reading
Unicorns Vs. Titans of Industry: How Fortune 500 approach technology innovation: An Indicative Research Report by Indicative's Matt Levin. Continue reading
There are many reasons why people say ideas are worthless...Take two companies with a similar idea, Google and AltaVista, one is the multibillion dollar envy of the tech world, the other a broke, wound up company bought out by Yahoo. The difference? Continue reading
How to Gain Immunity from Funding Cuts Tips from Mattel, Inc. Martin Elliott, Senior Director of Mattel, Inc.'s New Business Ventures, tells innovators how to avoid the budget cut thresher. Think like a V.C. Some reasons innovation budgets get cut: wrong executive sponsor, turnover, don't demonstrate value, or core business takes a hit. Continue reading