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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

Investors have perpetuated a compensation structure where VCs can generate significant personal income over their career, even when they make no money for their LPs. The business model and economic structure of the VC partnership has remained stagnant for the past two decades. The VC industry has failed to innovate.

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Meaningful Work Beats Over-the-Top Perks Every Time

Harvard Business Review

Earlier in my career I spent 14 years as chief talent officer at Netflix, where I helped create some of the innovative talent management policies — such as no-formal-limit vacation policies — that have since become widespread. Venture capitalists don’t give money away; eventually, they want a return.

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Why Uber and Airbnb Needed a Different Kind of CEO

Harvard Business Review

I’ve covered tech for 20 years, so I’d interviewed people like Mark Zuckerberg and the Google founders early in their careers. They didn’t have to be good storytellers because their businesses spread virally and their products stood for themselves. The irony is many VCs just passed on them.

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Why Are Immigrants More Entrepreneurial?

Harvard Business Review

Huffington grew up in Athens and studied in London before starting her career as a politician and media entrepreneur. By applying this kind of arbitrage, a temporary or permanent migrant can decide to replicate a profitable product or business model available in one country but not in another. as young adult.

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What African Start-Ups Need to Do to Hire and Keep Great Talent

Harvard Business Review

According to the research report “ Accelerating Entrepreneurship in Africa ,” 57% of survey respondents in major African economies considered becoming an entrepreneur a desirable career choice. Come up with new ideas and business models to energize your team. Inspire them with the company’s big picture.