Category Archives: venture capital

We Need To Stop Glorifying Startups

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. ...

Do VCs Really Want Innovators? What to do when the VC says ‘No Dice’

Do VCs Really Want Innovators? What to do when the VC says ‘No Dice’ - Innovation ExcellenceStartup 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

Mattel Talk: How to Gain Immunity from Innovation Funding Cuts

Innovation Excellence - Mattel Talk: How to Gain Immunity from Innovation Funding CutsHow 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