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How the Market Ruined Twitter

Harvard Business Review

The quote comes from author, tech thinker, and now public-TV personality Steven Johnson: “The history of the Internet suggests that there have been cool Web sites that go in and out of fashion and then there have been open standards that become plumbing,” he told David Carr of The New York Times in January 2010. billion in less than a year.

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Should Big Companies Give Up on Innovation?

Harvard Business Review

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. Start-up companies tend to cluster in industries favored by venture capitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants).

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

From 2012 to 2015, the number of global corporate venture capital deals almost doubled, and their investments quadrupled, to $29.1 Among the 30 top companies in seven of the largest industries, almost half had a VC-fueled accelerator in 2015, up from just 2% in 2010. Top startups already have market leading solutions.

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How U.S. Businesses Can Succeed in India in 2015

Harvard Business Review

Silicon Valley venture capitalist, Douglas Leone of Sequoia Capital, told the Economic Times of India in October , “We could not be more thrilled. At the same time Amway and L’Oreal thrived in the same market and personal care sales boomed across most of India. Today there appears to a second gold rush to India.

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What Inclusive Urban Development Can Look Like

Harvard Business Review

metros that increased their productivity, average wages, and standard of living from 2010 to 2015, only 11 metros achieved inclusive economic outcomes. EDENS, of which the latter is CEO, has led the revitalization of the 45-acre Union Market district in Northeast Washington, DC. The Union Market challenge. This needs to change.

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India's Exploding Digital Economy

Harvard Business Review

Recently, I had the privilege of moderating a conference of global entrepreneurs and venture capitalists in Mumbai — an event called Founders Forum India. As unit economics enable ever cheaper smart phones (the lowest price in the market is now $65), their penetration will rise. This expansion isn't just domestic.

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Entrepreneurship Always Leads to Inequality

Harvard Business Review

Deservedly vaunted venture capitalist Tom Perkins’ callous, arrogant and elitist recent comments should not serve as an expedient excuse to overlook an important “dirty little secret” about entrepreneurship, the acknowledged engine of economic growth: successful entrepreneurship always exacerbates local inequality , at least in the short run.