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What Startup Accelerators Really Do

Harvard Business Review

Moreover, they are commonly misunderstood or mistakenly lumped in with other institutions supporting early-stage startups, such as incubators, angel investors, and early-stage venture capitalists. One of these, startup accelerators, has received a great deal of attention but also little scrutiny. In fact, of the nearly 700 U.S.-based

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The Idea That Led to 10 Years of Double-Digit Growth

Harvard Business Review

This process leaves companies vulnerable to competitors who develop new forms of technology that initially fail to serve the "best" customers well, but quickly improve. For example, early cell phones were woefully unreliable, and their voice quality paled in comparison with land lines.

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Embracing Bad Ideas To Get To Good Ideas

Harvard Business Review

Big companies obsessively ask that question, because their approach to new ideas is that there are good ones than can be developed into revenue generators, and bad ones that should be abandoned as quickly as possible so as not to waste resources. You are investing in things that look like they are just nuts.”

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The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

In comparison, TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Kaufer's description of the TripAdvisor culture and development process makes it clear that he has been able to maintain a strong sense of urgency, even at scale. "No

EBITDA 8
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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

By now, your company probably has a new busi­ness incubator, an idea wiki, a disciplined process for mining customer insights, an awards program for successful innovators, and maybe even an outpost in Silicon Valley—all fine ideas—and yet, most likely, it still struggles to meet its growth goals and seldom thrills its customers.