Remove Engineering Remove Finance Remove Technology Remove Venture Funding
article thumbnail

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

Harvard Business Review

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

article thumbnail

Don’t Move to Silicon Valley Without Preparation

Harvard Business Review

We hear a lot about technology and globalization these days, especially how they are hollowing out the American middle class. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

Startups are an engine of prosperity, albeit a highly imperfect one. By this logic, there’s no reason to applaud the growing number of graduates from top universities opting for jobs in startups and tech rather than finance. Though venture capital funds account for only about 0.2% This equivalence is too cynical by half.

article thumbnail

Three Headwinds for Facebook's IPO

Harvard Business Review

Web developers can personalize recommendation engines, allow users to see their friends' purchase history, and draw on detailed demographic data available through the Facebook network. Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies.

IPO 13
article thumbnail

Europe’s Other Crisis: A Digital Recession

Harvard Business Review

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. Venture funding for European digital groups in 2014 remained a fifth ($7.75 position.

Crisis 8