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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.

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How Watson Changed IBM

Harvard Business Review

Advances in technology — especially digital technology and the increasing role of software in products and services — are demanding that large, successful organizations increase their pace of innovation and make greater use of resources outside their boundaries. First, with multiple business models. So how does it work?

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Publishing Is Not Dying

Harvard Business Review

Vox Media, a venture-funded publishing start-up, recently lured Ezra Klein away from the Washington Post. While every business needs to adopt a true culture of change , clearly there is no lack of potential. That publishers need to innovate their business models just puts them in the same place as every other industry.

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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).

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The Disruption of Venture Capital

Harvard Business Review

The business model innovation of accelerators is that they have a systematized selection process that is akin to the application process for college. Where accelerators fall short is in leading investment rounds deep into the company's lifecycle, the purview of traditional venture funds.

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Don’t Move to Silicon Valley Without Preparation

Harvard Business Review

We hear a lot about technology and globalization these days, especially how they are hollowing out the American middle class. But there has been an immense positive impact from the globalization of entrepreneurship, making Silicon Valley’s formula of technology-based start-ups an international instrument for economic development.

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Three Headwinds for Facebook's IPO

Harvard Business Review

Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies. Since his fund's investment, a series of very well publicized auctions on secondary markets have driven Facebook's private market valuation to over 85B. They invest millions in the hopes of achieving billions in returns.

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