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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

2013 had all the signs of being a comeback year for venture capital. The industry realized its highest returns since the Internet boom. Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000.

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Are Older Entrepreneurs The Best Entrepreneurs?

The Horizons Tracker

Indeed, venture capitalist Paul Graham once quipped that he rarely backed any entrepreneur older than 32. But, crucially this trend held even when looking specifically at high-tech industries and companies that had registered patents and received VC funding. Fear of missing out. So what makes older entrepreneurs so effective?

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Do You Have a Balanced Reading (and Learning) Diet?

Kevin Eikenberry

Do you know all the latest about your hobbies, but are constantly suprised about the changes in in your industry? Are you up to date on all the latest celebrity gossip and political polling, but nowhere near reaching your goals for the year? Questions like these are usefl to help you balance your reading and learning diet.

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Start Networking with People Outside Your Industry

Harvard Business Review

You may have a few outliers in the mix, but unless you’ve been deliberate about your networking, the vast majority of people you know probably work in the same field or industry as you. First, if your network has become too narrow, you limit your options in case of a career change, or a downturn in your company or industry.

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Founder Personality Matters For Startup Success

The Horizons Tracker

“A small number of astute venture capitalists have suspected this for some time, but now we have the data to demonstrate this is the case.” . “We find that personality traits don’t simply matter for start-ups — they are critical to elevating the chances of success,” the researchers explain.

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Everything You Didn’t Know You Wanted to Know About the Pallet Industry

Harvard Business Review

The story goes like this: For decades, the standard in the pallet industry was stringer pallets, which forklifts could pick up from two of the four sides. Management moved him around the company to the point where, according to a former colleague, "He still has a job — but he doesn''t have a career."

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Life is Luck — Here’s How to Plan a Career Around It

Harvard Business Review

Chance plays a much greater role in our careers than we might wish or even realize. But the downside — the thought of our careers as the playthings of fate — is almost unbearable. If you imagine a game of “career roulette,” you end up a starving artist 99 times for every time you end up a rockstar.

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