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Funding The Next Generation Of Startups

The Horizons Tracker

One of their proposals would be the development of a Sovereign EU Tech Fund to address the shortfall in funding that undermines the growth of startups across Europe. They argue for a €100 billion fund that recruits from both public and private sources and aim for a long-term focus.

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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Corporate executives seek to inject “Silicon Valley DNA” into their cultures, and policy makers point to venture-funded entrepreneurship as a solution for all manner of problems. If you have an idea to apply mature technology to a well-understood problem, it’s relatively easy to get it financed.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

This is the essence of Groupon's declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. Finally, reaching profitability quickly ensures that when outside financing dries up, the venture can succeed on its own.

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Don’t Move to Silicon Valley Without Preparation

Harvard Business Review

But there has been an immense positive impact from the globalization of entrepreneurship, making Silicon Valley’s formula of technology-based start-ups an international instrument for economic development. The company has 10,000 customers for their helpdesk software-as-a-service product, and thus far, $6 million in financing.

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Enabling the Natural Act of Entrepreneurship

Harvard Business Review

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. Piecemeal policies, like angel tax credits, loan guarantees, reduced payroll taxes, direct investments, government venture funds, etc., Even better.

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How Blockchain Is Changing Finance

Harvard Business Review

Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. So users can set up algorithms and rules that automatically trigger transactions between nodes.