article thumbnail

Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

article thumbnail

How a Startup Accelerator at Boston Children’s Hospital Helps Doctors Launch Companies

Harvard Business Review

It has accelerated nine projects and spun three of them out as start-up companies that have secured over $2 million in venture funding. But only 34% were actively piloting a digital technology in clinical practice. Insight Center. The Leading Edge of Health Care. Sponsored by Optum. The product is in pre-clinical trial today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Midsized Firms Can’t Afford Bad Bets

Harvard Business Review

Even what appears to be a small investment risk can turn into a big one, especially when information technology comes into play. BlueArc was venture-funded, but in 2008 VC money was getting hard to find. Martig was a seasoned CFO with years of forecasting experience in technology firms.

CFO 8
article thumbnail

Three Headwinds for Facebook's IPO

Harvard Business Review

According to ComScore, at the end of 2011 Facebook accounted for a shocking 28% of U.S. Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies. display advertisements online. However, the advertising business is dependent on visits to Facebook's website.

IPO 13
article thumbnail

The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

Though venture capital funds account for only about 0.2% GDP, according to Harvard Business School professor Josh Lerner , venture-backed companies made up more than 11% of public firms as of 2011, with a total market value of $25.9 As Lerner writes, “Venture funding does have a strong positive impact on innovation.

article thumbnail

Looking for Jobs in All the Wrong Places: Memo to the President

Harvard Business Review

It is startups who have generated virtually all of our nation's major technological breakthroughs in the last hundred years — from cars and planes to semiconductors, PCs, software, and the Internet — and in the process sparked the creation of whole new industries and millions of new jobs. Nothhaft's next "Memo to the President.".

article thumbnail

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

Harvard Business Review

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).