Harvard Business Review

JUNE 8, 2015

With its Emerging Businesses (EB) group (where one of us serves as President), Merck started a journey about three years ago with a core investment thesis: there are areas of growing unmet need in health care that intersect with its established competencies.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

FEBRUARY 3, 2016

The kinds of shifts we’re talking about have come more naturally to greatly successful startups of the last two decades — Google, Amazon, Uber, and Facebook among them — and their venture capital investors. Smart venture capitalists invest in a portfolio of startups with different risk profiles and timeframes for returns.

Venture Capitalist 8

Venture Capitalist Short-term ROI Long-term 8

Harvard Business Review

SEPTEMBER 24, 2012

Here's why: the innovation revolution spurred by venture capitalists decades ago has created the conditions in which scale allows big companies to shift from shackling innovation to unleashing it. As I discussed in my post How Big Companies Can Save Innovation , large companies are now better positioned to innovate than ever before.

Innovation 8

Innovation Company Venture Capitalist Health Care 8