Remove 2011 Remove Finance Remove Succession Remove Venture Funding
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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Corporate executives seek to inject “Silicon Valley DNA” into their cultures, and policy makers point to venture-funded entrepreneurship as a solution for all manner of problems. The early success of the model led to a process that was somewhat self-perpetuating. This is a dangerous mindset.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

In the first quarter of 2011, Groupon posted a net loss of $113.9 Finally, reaching profitability quickly ensures that when outside financing dries up, the venture can succeed on its own. The story would be much different if Groupon did not have nearly unlimited access to funding so early in its corporate life.

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VC Funding Can Be Bad For Your Start Up

Harvard Business Review

But the vast majority of successful entrepreneurs never take any venture capital. Funding his company’s steady growth with the proceeds of one successful viral video campaign after another, Moseholm and his partners built GoViral into Europe’s leading platform to host and distribute such content. Yes, I mean that.