Harvard Business Review

SEPTEMBER 23, 2014

billion in 2011, despite the fact that venture capital funding overall has been increasing. Some time shortly after the recession, venture capitalists decided clean tech wasn’t all it was cracked up to be, and started making bets elsewhere — mostly in internet start-ups.

Venture Capitalist 9

Venture Capitalist How To Energy Finance 9

Harvard Business Review

JULY 27, 2017

Gimmy’s insight was that the key to overcoming these challenges and to improving corporate co-innovation is not for companies to compete more effectively with private venture capitalists or accelerators, but to focus on what they can offer to top startups that others cannot.

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

MARCH 11, 2014

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. Start-up companies tend to cluster in industries favored by venture capitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants).

Innovation 8

Innovation Venture Capitalist Company Supply Chain 8

Harvard Business Review

JUNE 24, 2013

Sufficient profits make a business self-sustaining, inoculating ventures against the need to pry money from tight-fisted venture capitalists or often-skeptical corporate investors. We know that the answers we''ll get are nothing more than hypotheses, which will change as the venture gains experience in the market.

Venture Capitalist 8

Venture Capitalist Supply Chain Long-term Christensen 8

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. No 20,000 tech jobs. I know many smart investors didn't.

Venture Capitalist 17

Venture Capitalist Software Entrepreneur Engineering 17

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. No 20,000 tech jobs. I know many smart investors didn't.

Venture Capitalist 17

Venture Capitalist Software Entrepreneur Engineering 17

Harvard Business Review

JUNE 20, 2014

The personae include Wharton management professor Daniel Raff, who points out the dangers of Amazon’s growing control over cultural products, and venture capitalist David Pakman, who takes the kind of position a venture capitalist would, namely that publishers need to wake up to the realities of the digital world.

Industry 8

Industry Venture Capitalist Supply Chain Transportation 8

Harvard Business Review

MARCH 9, 2016

As with disruption in the private sector, Estonia’s e-residency program offers both a lower price and fewer features while simultaneously creating a new route to market. Marc Andreessen, the prominent venture capitalist, once said that software is eating the world.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

JANUARY 28, 2011

Patients undergoing complex heart operations, clients getting legal advice and venture capitalists investing millions in entrepreneurial teams might understandably want to know the cognitive health of their doctors , lawyers and entrepreneurs. In fact, they'll probably insist on knowing.

Venture Capitalist 15

Venture Capitalist Ethics Human Capital Drucker 15

Harvard Business Review

JUNE 28, 2013

There is ample evidence that things are better, trader-driven stock price gyrations notwithstanding. Housing prices have stabilized and are increasing in some regions. Banks are now adequately capitalized and are beginning to lend, and venture capitalists are as hungry as ever. Personal debt has declined.

Budgeting 8

Budgeting Market Segmentation Venture Capitalist Real Estate 8

Harvard Business Review

AUGUST 27, 2012

That upside is determined by two things: the percentage of the company you own and the valuation or price of the company upon a liquidation event (e.g., It's why venture capitalists tend to favor entrepreneurs that have a proven track record (PDF). Joining a start-up can have significant upside if you own equity in the business.

Venture Capitalist 15

Venture Capitalist Banking Entrepreneur Follow-up 15

Harvard Business Review

APRIL 4, 2014

Rather, design is a highly influential force that, when effectively integrated with strategy, marketing, and so forth, can help the company stay out in front of its competitors by staying close to customers and commanding handsome price premiums. This ultimately pushes their stock prices higher than their industry peers.

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Strategy Driven

MAY 25, 2011

Because we know failure is free, we take chances, and in that effort we often get that one amazing picture that we wouldn’t have if we were paying a price for all the mistakes. Don’t squelch the flow of ‘bad’ news. Do you (or others under you) shoot the messenger when she brings you bad news? About the Author.

Company 62

Company Venture Capitalist Film Reputation 62

Harvard Business Review

JUNE 1, 2017

The true promise of a culture, argues influential venture capitalist Ben Horowitz , is to “be provocative enough to change what people do every day.” It’s a lot easier to maintain high levels of energy and morale at a company when sales are booming and the stock price is soaring.

Venture Capitalist 8

Venture Capitalist Mission Statement Long-term Short-term 8

Harvard Business Review

DECEMBER 22, 2014

Silicon Valley venture capitalist, Douglas Leone of Sequoia Capital, told the Economic Times of India in October , “We could not be more thrilled. Value, not price: The common wisdom is that India’s buyers seek the lowest possible price and are prepared to compromise on quality.

Venture Capitalist 12

Venture Capitalist Price Marketing Learning-by-Doing 12

Harvard Business Review

JUNE 20, 2011

"Someone who is exceptional in their role is not just a little better that someone who is pretty good," he argued when asked why he was willing to pay $47 million to acquire FriendFeed, a price that translated to about $4 million per employee. They are 100 times better.".

Venture Capitalist 19

Venture Capitalist Sports Engineering Entrepreneur 19

Harvard Business Review

MAY 7, 2015

That may be difficult to quantify (more on that below) but it’s important for companies to try to understand because it affects how much you’re willing to pay for their product (typically, the higher the EVC, the higher the price they can charge you) and how likely you are to continue to use it. It’s appropriately priced.

Price 8

Price Venture Capitalist Incentives Cost 8

Harvard Business Review

AUGUST 13, 2018

In February, venture capitalist database CB Insights conducted an extensive review examining what contributes to the failure of new businesses. In the food delivery space, companies differentiated by finding new restaurants to partner with, expanding to new locations, and offering distinct pricing models. It’s a real risk.

Venture Capitalist 8

Venture Capitalist Due Diligence Entrepreneur Industry 8

Harvard Business Review

MARCH 8, 2012

Recently, I had the privilege of moderating a conference of global entrepreneurs and venture capitalists in Mumbai — an event called Founders Forum India. As unit economics enable ever cheaper smart phones (the lowest price in the market is now $65), their penetration will rise.

Venture Capitalist 14

Venture Capitalist Entrepreneur Conference Wireless 14

Strategy Driven

MAY 25, 2011

Because we know failure is free, we take chances, and in that effort we often get that one amazing picture that we wouldn’t have if we were paying a price for all the mistakes. Don’t squelch the flow of ‘bad’ news. Do you (or others under you) shoot the messenger when she brings you bad news? About the Author.

Company 50

Company Venture Capitalist Film Reputation 50

Harvard Business Review

DECEMBER 17, 2014

One is to mathematically derive the growth expectations baked into your stock price and set the target to reach those expectations (if you’re only concerned with maintaining share price) or to exceed them (if you want to see a stock price rise).

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Harvard Business Review

JUNE 8, 2017

But even if rising housing prices are making it harder for a new generation of artists and creatives to get a toehold in SoHo and neighborhoods like it, that doesn’t mean that entire cities have become creative dead zones. Take away the ferment that comes from urban mixing, and the result is a sterile sameness.

Real Estate 9

Real Estate Creativity Venture Capitalist Class 9

Harvard Business Review

MARCH 10, 2014

Deservedly vaunted venture capitalist Tom Perkins’ callous, arrogant and elitist recent comments should not serve as an expedient excuse to overlook an important “dirty little secret” about entrepreneurship, the acknowledged engine of economic growth: successful entrepreneurship always exacerbates local inequality , at least in the short run.

Venture Capitalist 8

Venture Capitalist Supply Chain Real Estate Entrepreneur 8

Harvard Business Review

NOVEMBER 7, 2018

Indeed, over 60% of startups backed by venture capitalists fail and evidence points to the most successful VCs having bigger “hits” as opposed to fewer failures. When you’re raising money, there is no free lunch.

Cost 8

Cost Decentralization Finance Entrepreneur 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

FEBRUARY 24, 2011

Titans of capitalism such as venture capitalist John Doerr and GE CEO Jeff Immelt are speaking out in favor of a price on carbon, to drive energy innovation. Winston also noted that the public discourse about sustainability is changing.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

OCTOBER 31, 2014

For its first four years, Twitter was able to keep the servers running thanks to mainly to $150 million in funding from venture capitalists and angel investors. As I write this, the company’s stock price is down 44% from its peak last December. Of course, that “success” didn’t come with a lot of revenue.

Marketing 9

Marketing IPO Venture Capitalist Fashion 9

Harvard Business Review

JULY 11, 2017

Union Market has worked to overcome these issues through programs like Launch Pad, which enables aspiring entrepreneurs to pitch new restaurant ideas to a panel of renowned chefs and venture capitalists. In the wake of rising housing prices, cities must provide housing that allows all workers to live relatively close to their jobs.

Real Estate 14

Real Estate Development Long-term Short-term 14

Harvard Business Review

SEPTEMBER 5, 2013

But when it comes to core classes which don''t require labs or much in-person faculty interaction, does the current model justify the value-price equation? Yes, you might argue the lack of "classroom experience" is missing. What is traditional college education really worth?

Education 10

Education Venture Capitalist Business Model Technology 10

Harvard Business Review

MARCH 10, 2014

All over Silicon Valley, venture capitalists are asking entrepreneurs “How scalable is your business model?” With these changes, Friedman has found that not only can AutonomyWorks match traditional competitors, but it can produce better quality at a lower price. It used to be that business growth led to job growth.

Company 8

Company Venture Capitalist Entrepreneur Competitive Advantage 8

Harvard Business Review

OCTOBER 27, 2014

Venture capitalist Mark Andreessen, a target of Icahn’s attacks as a board member at eBay, recently likened the 78-year-old to a six-year-old. W]e seek to find undervalued companies in the Graham & Dodd tradition, a methodology for valuing stocks that primarily looks for deeply depressed prices.” Wait a while.

Hedge 8

Hedge Venture Capitalist Letter Reputation 8

Harvard Business Review

APRIL 3, 2015

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. Standards define what is expected; indices rate how well an activity performs.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8

Harvard Business Review

SEPTEMBER 4, 2012

With interest rates at historic lows, market volatility, political uncertainty, the European crisis, severe commodity price fluctuations, and other unpredictable market conditions, corporate brands and executives have been understandably inclined to sit on the sidelines. Estimates range from $1.5 trillion to $2.8

Intangible Assets 8

Intangible Assets Venture Capitalist White Paper Real Estate 8

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

MAY 14, 2013

As venture capitalist Bill Gurley explained a couple of years ago , a 1908 Supreme Court ruling made it impossible to stop Netflix from buying and renting out any DVDs it wanted. And it''s constantly losing content as licensing deals expire — forcing it to sign new deals at higher prices, and pay to develop its own shows.

Venture Capitalist 8

Venture Capitalist Engineering Content Software 8

Harvard Business Review

DECEMBER 16, 2013

A few weeks ago, I wrote about the three high-level decisions that guide my thinking as a seed stage venture capitalist. This is why the prices of textbooks have increased at double the rate of inflation for decades, even as the content in the books has become more and more commoditized. Is the market attractive?

Entrepreneur 8

Entrepreneur Marketing Venture Capitalist Trends 8

Harvard Business Review

JANUARY 12, 2018

Further, venture capitalists are jumping in with both feet. $4 Their goal was to hit the lowest possible price point, and to appeal to “digital native” customers. Many established firms— a 2017 Deloitte survey suggested about 20% in the U.S.—are —are making substantial investments in AI as well.

Consultative 8

Consultative Strategy Advice McKinsey 8