Harvard Business Review

MARCH 11, 2016

The chart above shows where cities fall according to Guzman and Stern’s measure of average startup quality between 2001 and 2003 — more on that in a moment — and compares that to their GDP growth from 2003–2014. “A doubling of entrepreneurial quality predicts an increase of 6.8%

GDP 8

GDP IPO Venture Capitalist Gordon 8

Harvard Business Review

APRIL 4, 2014

Next to Apple, Nike had the highest shareholder returns in our index — from 2003- 2013 Nike’s market cap increased from under $6 billion to $70 billion, or 1,095% over the last ten years. Neither hedge fund managers, nor venture capitalists, nor mutual fund managers came anywhere close to these results.

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Harvard Business Review

AUGUST 6, 2014

In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. The company was owned by management, venture capitalists, and SoftBank. The most interesting attempt at a buy strategy was eBay’s 2003 purchase of Eachnet, which had a nearly 80% share in the auction market.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Harvard Business Review

NOVEMBER 19, 2018

In 2011, venture capitalist Marc Andreessen declared that “software is eating the world.” In 2003, then-HBR-editor Nick Carr wrote an article (and later a book) titled “IT Doesn’t Matter.” Venture capitalist Chris Dixon has called this approach the “full-stack startup.”

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

MAY 3, 2018

For the 274 companies started in 2003 or later that have reached unicorn status , half are in the U.S., Perhaps the most notable exception is the success of Israel’s Yozma (Hebrew for “initiative”), a $100 million venture capital fund that was initially state-owned but is now privately run.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

FEBRUARY 25, 2015

based venture capitalists about my plans to move my family out to Singapore to oversee Innosight’s nascent investment and incubation arm. Since I had never done venture investing before, I was trying to get advice from as many people as I could. “You are crazy.”

Entrepreneur 8

Entrepreneur Incubator Venture Capitalist Innovation 8