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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

This has resulted in the share of overall employment in young firms falling from around half of the workforce in 1980 to just 39% by 2006. It runs the risk that startups targeting niche problems get crowded out in favor of those forced to chase mass market problems. in 1985 to 5.3%

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Why Elon Musk’s New Strategy Makes Sense

Harvard Business Review

The first installment had been written in 2006. The second installment moves Tesla beyond the traditional car market, with a plan to reconfigure our cities, energy systems, and our impact on the environment. They then moved into the luxury market where they applied plenty of competitive pressure with the Model S.