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Alphabet Isn’t a Typical Conglomerate

Harvard Business Review

But it is not another Silicon Valley venture capital firm seeking extraordinary returns from small number of bets with short time horizons. Venture capitalists help entrepreneurs to scale their companies for an IPO or acquisition by another company. A talent magnet.

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An Entrepreneurial Society Needs an Entrepreneurial State

Harvard Business Review

Innovation-led growth can square a circle that is challenging modern capitalism: how to generate sustained and sustainable economic growth, built on high-value, well-paying jobs. The reason for this elusiveness lies in widespread misunderstandings about how innovation-led growth has been achieved in the past.

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How Blockchain Is Changing Finance

Harvard Business Review

But the solution to this innovation logjam has emerged: blockchain. After all, how do you cut cost from a business or market whose structure has fundamentally changed? For example, consider how new business ventures access growth capital. Third, it’s exclusionary, denying billions of people access to basic financial tools.