Harvard Business Review

SEPTEMBER 10, 2013

A corporate venture-capital fund can often do a better job than corporate R&D of exploring new territory, and at the same time, it can move more quickly, flexibly, and cheaply than traditional R&D. Many large companies have been wary of corporate venturing, because they’ve seen such funds deployed ineffectively.

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

MARCH 9, 2016

As the examples of Singapore and many other countries illustrate, these steps are not enough. If the public sector is to realize the full potential of digital technology to transform public finances and even kickstart national economic growth, governments will have to move beyond streamlining services and cutting red-tape for entrepreneurs.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

NOVEMBER 7, 2018

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. Blockbuster capital raises will always occur in unusual situations (e.g.,

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

JUNE 24, 2013

But it''s important to consider how incredibly rare these examples are. If you are a growth-obsessed startup and venture capital financing dries up and buyers grow scarce, you can run out of money. If you are inside a big company, profit-draining ventures are typically early sacrifices in corporate cost-cutting exercises.

Venture Capitalist 8

Venture Capitalist Supply Chain Long-term Christensen 8

Harvard Business Review

OCTOBER 24, 2016

Given their size and appetite for diversification, these gigantic investors are a significant source of financing for many companies and governments in the developed world, and their investment activities can and do move markets.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

DECEMBER 29, 2011

Schedules are packed as the high-stakes finance crowd gathers to hear 20-minute rapid-fire talks by CEOs of start-ups and public companies who seek funding or favorable stock analysts' reports. You can feel the tension in the compressed smiles, quick nods and pointed questions at the annual Morgan Stanley Global Healthcare conference.

Stage-Gate 15

Stage-Gate Venture Capitalist Reis Sports 15

Harvard Business Review

MARCH 27, 2014

I still remember when Steve Jobs was featured in business school case studies as an example of bad leadership style. Other examples abound once you look for them. Companies and venture capitalists chase hot markets. When things go poorly for a nonconformist, how easy it is to call them the fool. Noura Al Kaabi.

Entrepreneur 8

Entrepreneur Venture Capitalist Business Incubator IPO 8

Harvard Business Review

APRIL 11, 2016

DPR Construction, for example, is a deeply thoughtful, highly progressive force in an often troubled, slow-to-change industry. As one of the world’s most accomplished venture capitalists adopts a new role at his company, it might be time to adopt some of his insights at your company.

Entrepreneur 8

Entrepreneur Kleiner Venture Capitalist Construction 8

Harvard Business Review

FEBRUARY 22, 2016

When it comes to consumer-facing service industries like e-commerce, media, and ride- or apartment-sharing, it’s not new to suggest that “software is eating the world,” to use the phrase of venture capitalist Marc Andreessen. Second, a number of important inputs have gotten cheaper.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

JANUARY 26, 2012

Over the years, venture capitalists have been some of the most ardent students of disruptive innovation. Large pools of capital have been funding risky ventures since antiquity (for example, when the wealthy Marcus Crassus backed an upstart Roman general named Julius Caesar). He was right.

Disruptive Innovation 14

Disruptive Innovation Hedge Venture Capitalist Venture Funding 14

Harvard Business Review

JANUARY 12, 2018

Further, venture capitalists are jumping in with both feet. $4 Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. It seems only logical that they would extend into corporate strategy and finance.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

APRIL 30, 2015

For example, a research and supplier park established in Prince George, Virginia in 2010 was part of bringing Rolls Royce production to the area. For example, a “mom and pop” Main Street shop has different financing needs than a high‐tech startup. from offshore.

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

JUNE 8, 2015

In the 1990s, for example, pharma firms were regulars on “Most Admired Company” lists. EB operates Ilum as a separate business, while still drawing on Merck’s established corporate resources in IT, finance, privacy, compliance, and legal. Merck and Co. It’s not just products.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

APRIL 3, 2015

In recent years, investors have learned that defining the market value of a firm cannot just be based on finances. For example, consider the Economist ’s Big Mac index , which measures the cost of a Big Mac in various countries in terms of its difference from the average Big Mac price in the United States.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8

Harvard Business Review

AUGUST 6, 2014

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. The company was owned by management, venture capitalists, and SoftBank. On the finance and deal side, we also felt a strong kinship with Tsai.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Harvard Business Review

APRIL 10, 2013

How many programs divert scarce public funds to discriminate in favor of certain entrepreneurial ventures, often under the rubric of "small business"? For example, in France it is twice as likely to find a 49-person company as a 50-person company. Stay off of ventures'' balance sheets — and get onto their income statements.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

FEBRUARY 7, 2014

Venture capitalist Ben Horowitz of Andreessen Horowitz kicks off an inspired post on scaling by quoting the rapper Dorrough, who tells anyone with “a dollar in your pocket, a twenty in your wallet” to focus on one thing: “Get big. A simple example is the all-hands meeting.

Venture Capitalist 8

Venture Capitalist Brainstorming Proposal CEO 8

Harvard Business Review

MARCH 24, 2017

Venture capitalists, who generally have been standoffish to the ICO phenomenon, are now becoming more interested in it for a number of reasons. For example, the cryptocurrency used for the Ethereum network, called Ether , saw its value double in just a few days in March 2017. How technology is transforming transactions.

Venture Capitalist 12

Venture Capitalist Due Diligence Finance Long-term 12

Harvard Business Review

DECEMBER 17, 2012

So if you feel uncomfortable as an investor, here are two bullets to pack in your pistol: Investing is about financing dreams. Some of the dreams I finance are close to home. Investing also finances the kind of world we want. For example, Intuit helps small businesses to better manage their books — creating jobs.

Finance 8

Finance P&L Due Diligence Hedge 8

Harvard Business Review

AUGUST 27, 2018

firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. For example, Uber and AirBnB remain private despite having achieved valuations of double-digit billion dollars. retains its leadership in technological progress.

IPO 11

IPO Company First-mover Advantage Intangible Assets 11

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. There are new experiments — models that use the tools of finance to try things in different ways — sometimes creating income streams from novel concepts, like funding cancer research. Donations and grants don't allow them to innovate and grow.

Venture Capitalist 12

Venture Capitalist Entrepreneur Bond Finance 12

Harvard Business Review

JULY 7, 2015

Don’t just make a beeline to the entrepreneurs and venture capitalists; get a broad multi-disciplinary cross section. But bankers are paying keen attention to those ventures who break away into rapid growth. Tip 5: Study the financing food chain starting from the end, not the beginning.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

Harvard Business Review

SEPTEMBER 10, 2015

Once enough technologists and startups are concentrated in one place, that place becomes a magnet for venture capitalists and more talent. In 2014, for example, 18 IPOs raised a record-breaking $9.8 So how do Israeli ventures scale up? They spend more time on strategy, go-to-market, business development, and financing.

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

APRIL 23, 2012

And there is a significant chance that value will have unfairly leaked out by then — intentionally or otherwise — into the pockets of founders, through executive compensation , and the use of intellectual property by entrepreneurs in subsequent ventures, just for example. Due diligence is too expensive.

Due Diligence 13

Due Diligence Venture Capitalist Entrepreneur Short-term 13

Harvard Business Review

OCTOBER 28, 2013

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.

Disruptive Innovation 8

Disruptive Innovation Finance Venture Capitalist Supply Chain 8

Harvard Business Review

APRIL 21, 2016

Rather than relying on venture capitalists and marketers to try to project nascent demand for new innovations, creators can directly reach out to customers and communities to refine ideas and gauge interest. Watch a bit of Lawnmower Man if you want to cringe at the 1990s version of VR).

Venture Capitalist 8

Venture Capitalist Project Diversity Technology 8

Harvard Business Review

MARCH 1, 2017

For example, consider how new business ventures access growth capital. Traditionally, companies target angel investors in the early stages of a new business, and later look to venture capitalists, eventually culminating in an initial public offering (IPO) on a stock exchange.

Finance 8

Finance IPO Banking Venture Capitalist 8