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Business Can't Solve the World's Problems — But Capitalism Can

Harvard Business Review

This nonprofit rulebook discriminates against charities in at least five different areas: compensation, marketing, risk taking, time horizons, and capital itself. Amazon was permitted to forgo investor returns for six years to build market dominance. This we call ethics. This we do in the name of frugality. This we call caring.

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VC Funding Can Be Bad For Your Start Up

Harvard Business Review

More than two generations ago, the venture capital community — VCs, business angels, incubators, and others — convinced the entrepreneurial world that writing business plans and raising venture capital constituted the twin centerpieces of entrepreneurial endeavor. Investors don’t like risk any better than you do.