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A Leadership Lesson from Trappist Monks that Made Me Rich

Great Leadership By Dan

Then, only two months into the deal, the venture capitalists that controlled our board pushed out my friend and replaced him with a total stranger. In 2006 my faith and his wisdom bore fruit. What clinched the deal for me was the almost instant friendship I had developed with the CEO of the acquiring company.

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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. When the term unicorn was first coined in 2013 by venture capitalist Aileen Lee, there were just 39 private firms with valuations and revenue of over $1 billion. in 1985 to 5.3%

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Is Entrepreneurship As Popular As We Think?

The Horizons Tracker

Indeed, in the United States, data reveals that entrepreneurship has declined by around half between 1978 and 2011, with this especially pronounced among the share of young firms, as employment at young firms fell from nearly half of the workforce in the 1980s to just 39% by 2006. in 1985 to just 5.3%

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Views on a New Opportunity (Note: VCs please avoid reading this.

Rajesh Setty

On a lighter note, Venture Capitalists, please avoid reading this excerpt Excerpts from the first chapter… When I first discovered that my nickname among some members of staff at Virgin was “Dr. The very first page of the first chapter “Just Do It&# highlights the way how Sir Richard Branson views an opportunity.

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Why Uber and Airbnb Needed a Different Kind of CEO

Harvard Business Review

At Uber, the idea for the business has been portrayed as this stroke of ingenuity, but I learned it was actually inspired by a product placement in the 2006 James Bond film Casino Royale. How could venture capitalists assess that risk to decide whether to invest? The irony is many VCs just passed on them.

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Why Are Immigrants More Entrepreneurial?

Harvard Business Review

between 2006 and 2012 had at least one immigrant cofounder. — data from the 2012 Global Entrepreneurship Monitor showed that the vast majority of the 69 countries surveyed reported higher entrepreneurial activity among immigrants than among natives, especially in growth-oriented ventures. Immigrants represent 27.5%

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Don’t Build Your Startup Outside of Silicon Valley

Harvard Business Review

From 2006 to 2011, the number of startups founded and funded outside of California, Massachusetts, and New York has grown by almost 65%. There is a reason venture-backed firms account for 11% of all US employment. Against this backdrop, venture capital is aggregating.

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