Remove Disruptive Innovation Remove Hammer Remove Innovation Remove Marketing
article thumbnail

The Real Reason Uber Is Giving Up in China

Harvard Business Review

In a group photograph, 30 CEOs with a combined market capitalization of $2.5 It is true that Kalanick consistently called China the most important market for Uber. Uber truly wanted to succeed in its fastest-growing market, one where taxi drivers outnumber their U.S. trillion smiled for the camera alongside the Chinese leader.

article thumbnail

My First, Failed Foray into Venture Investing

Harvard Business Review

But because we failed to hammer out exactly how we would operate (including our respective roles and responsibilities), infighting distracted from operating, cash became a concern, and the business slowly, then quickly, imploded. Yes — because my preference is to invest in people I know and like. Lesson 2: Establish rules of engagement.

article thumbnail

The Businesses That Platforms Are Actually Disrupting

Harvard Business Review

After all, platforms, including disruptive ones, are nothing new. Village matchmakers started making their living organizing marriage markets millennia ago. The evidence is striking that these existing matchmakers, rather than traditional firms, have so far experienced the greatest disruption from new platforms.