Harvard Business Review

AUGUST 5, 2014

A recent article quoted several VCs supporting the idea that entrepreneurs should be paid $100k (or less) per year until their companies are profitable. The VC industry has failed to innovate. Finance Venture capital' What if LPs structured VC compensation that way? Investors should run, not walk away, from such funds.

Venture Capitalist 18

Venture Capitalist Asset Management Rate of Return Industry 18

Harvard Business Review

JULY 14, 2017

” A plan helps detail how the opportunity is to be seized, what success looks like, and what resources are required, and it can be key to the investment decisions of angel investors, banks, and venture capitalists. This has done little to help the would-be entrepreneur decide whether to plan. We found that it pays to plan.

Planning 14

Planning Venture Capitalist Entrepreneur Finance 14

Harvard Business Review

MARCH 9, 2016

If the public sector is to realize the full potential of digital technology to transform public finances and even kickstart national economic growth, governments will have to move beyond streamlining services and cutting red-tape for entrepreneurs. No matter how innovative a new technology is, it’s not automatically profitable.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

JUNE 9, 2014

The most successful, visionary entrepreneurs dream not of millions of dollars, but of a world where their products change culture. But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision. Entrepreneurship Finance'

Entrepreneur 8

Entrepreneur Venture Capitalist Mezzanine Short-term 8

Harvard Business Review

FEBRUARY 22, 2016

When it comes to consumer-facing service industries like e-commerce, media, and ride- or apartment-sharing, it’s not new to suggest that “software is eating the world,” to use the phrase of venture capitalist Marc Andreessen. Second, a number of important inputs have gotten cheaper.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

MARCH 27, 2014

Many people come to the Silicon Valley in search of nonconformist entrepreneurs, looking for the next big thing. The way to conform in the Silicon Valley is to act like an entrepreneur. To find a nonconformist entrepreneur, we should look to places where entrepreneurship is unpopular. Consider Tokyo.

Entrepreneur 8

Entrepreneur Venture Capitalist Business Incubator IPO 8

Harvard Business Review

APRIL 11, 2016

The definition of an entrepreneur, Doerr likes to say, is someone who “does more than anyone thinks possible with less than anyone thinks possible.” As one of the world’s most accomplished venture capitalists adopts a new role at his company, it might be time to adopt some of his insights at your company.

Entrepreneur 8

Entrepreneur Kleiner Venture Capitalist Construction 8

Harvard Business Review

JUNE 7, 2012

The report, provocatively titled "We Have Met the Enemy and He is Us" [ PDF ], summarizes its findings thus: Limited Partners — foundations, endowments, and state pension funds — invest too much capital in underperforming venture capital funds on frequently misaligned terms. Maybe that's just the way it is.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. Engineers became entrepreneurs and got rich. Engineers became entrepreneurs and got rich.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. Unfortunately, venture capitalists have mixed up their causality.

Venture Capitalist 17

Venture Capitalist Software Entrepreneur Engineering 17

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. Unfortunately, venture capitalists have mixed up their causality.

Venture Capitalist 17

Venture Capitalist Software Entrepreneur Engineering 17

Harvard Business Review

JUNE 7, 2012

The report, provocatively titled "We Have Met the Enemy and He is Us" [ PDF ], summarizes its findings thus: Limited Partners — foundations, endowments, and state pension funds — invest too much capital in underperforming venture capital funds on frequently misaligned terms. Maybe that's just the way it is.

Venture Capitalist 13

Venture Capitalist Christensen Incubator Porter 13

Harvard Business Review

OCTOBER 26, 2011

Many venture capitalists are limiting their investments to the "demand-side" — aimed at reducing energy use — rather than investing in startups trying to change the way we produce energy. The net result is that many VCs now turn down promising companies that might contribute to transforming the way we produce energy.

Energy 11

Energy Finance IPO Biotechnology 11

Harvard Business Review

FEBRUARY 5, 2013

If we think about what venture capitalists do well it boils down to this: Identifying the right opportunities, backing the right people, and finding ways to help entrepreneurs succeed. An entrepreneur earns the right to more time and more money based on the results. The opposite is true in the social sector today.

Venture Capitalist 8

Venture Capitalist Entrepreneur Core Competence Morale 8

Harvard Business Review

JUNE 24, 2013

Research by Harvard Business School senior lecturer Shikhar Ghosh, in fact, has found that fully 75% of venture capital-backed startups — presumably the crème de la crème of the startup world — failed to return the capital invested in them to their investors (let alone generate positive returns). Entrepreneurship Strategy'

Venture Capitalist 8

Venture Capitalist Supply Chain Long-term Christensen 8

Harvard Business Review

JANUARY 26, 2012

An organization's capabilities become its disabilities when disruption is afoot." – Clayton Christensen, The Innovator's Solution. In November 2005, Paul Graham wrote an essay titled " The Venture Capital Squeeze." Over the years, venture capitalists have been some of the most ardent students of disruptive innovation.

Disruptive Innovation 14

Disruptive Innovation Hedge Venture Capitalist Venture Funding 14

Harvard Business Review

MARCH 8, 2013

It also received its early stage finance from the U.S. Venture capitalists entered only after government funding had gotten the company to the critical proof of concept. government, which through DARPA and other initiatives stands out worldwide for its astoundingly positive track record in funding true innovation.

Venture Capitalist 8

Venture Capitalist Biotechnology Fashion Innovation 8

Harvard Business Review

APRIL 30, 2015

The next-largest segment of small businesses is comprised of what I call Main Street entrepreneurs. As Harvard Business School’s Michael Porter and Jan Rivkin have noted, strong supply chains bring “low logistical costs, rapid problem solving and easier joint innovation.”

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

APRIL 10, 2013

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. That dialog includes all stakeholders, from the entrepreneurs themselves to investors to government policymakers. Even better. Not" is not a typo.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

SEPTEMBER 4, 2012

To drive shareholder value and be a catalyst for economic recovery, our nation's largest companies must deploy their assets in a productive manner, either internally for innovation and organic growth, or externally for corporate venture capital investments, research partnerships, joint ventures and alliances, or acquisitions.

Intangible Assets 8

Intangible Assets Venture Capitalist White Paper Real Estate 8

Harvard Business Review

MARCH 24, 2017

The venture capital industry is beginning to take a good, hard look at a new financial instrument coming out of the bitcoin community — Initial Coin Offerings , or ICOs. ICOs present both benefits and disadvantages, as well as threats and opportunities, to the traditional venture capital business model. Insight Center.

Venture Capitalist 12

Venture Capitalist Due Diligence Finance Long-term 12

Harvard Business Review

APRIL 26, 2016

Executives and entrepreneurs from all over the world have traveled to Silicon Valley to learn the secrets of its success. We met with leaders at private equity funds, venture capitalists, and incubators, including Andreessen Horowitz and Playground. The kind of innovation that creates new markets always goes against the grain.

Venture Capitalist 8

Venture Capitalist Company Succession Long-term 8

Harvard Business Review

SEPTEMBER 24, 2012

In today's world, start-ups aren't the only ones who can innovate. As I discussed in my post How Big Companies Can Save Innovation , large companies are now better positioned to innovate than ever before. Innovation increasingly involves creating business models that tap big companies' unique strengths.

Innovation 8

Innovation Company Venture Capitalist Health Care 8

Harvard Business Review

JULY 7, 2015

Innovation tourism: it’s a thing. These well-intentioned professionals travel the world in pursuit of the secret sauce of innovation. If you ask the director of a government innovation agency how influential or effective they are, what answer do you expect, other than “ extremely ?” Kenneth Andersson.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

Harvard Business Review

FEBRUARY 2, 2011

Bravo entrepreneurs. Bravo venture capitalists. Obama has placed real entrepreneurs at the heart of the dialogue, and you appear to be listening to them. As a leader, Obama makes entrepreneurship a top priority, and has consistently promoted entrepreneurs as central economic actors and key to economic recovery.

Venture Capitalist 15

Venture Capitalist Entrepreneur Microfinance Finance 15

The Horizons Tracker

SEPTEMBER 15, 2020

Over the last few decades, innovation activity has become concentrated in clusters or ecosystems, where finance, academia, industry and entrepreneurs rub shoulders to allow the free flow of ideas. Innovating our response to Covid-19. Practical solutions. A changing landscape.

Innovation 82

Innovation Venture Capitalist Entrepreneur Crisis 82

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. Donations and grants don't allow them to innovate and grow. Too often donors starve organizations and entrepreneurs by refusing to cover overhead. Compare that to the world of venture capital. We're already beginning to see innovation.

Venture Capitalist 12

Venture Capitalist Entrepreneur Bond Finance 12

Harvard Business Review

FEBRUARY 1, 2013

Social entrepreneurs often grapple with the decision of whether to establish their organizations as nonprofit or for-profit in order to reach their goals. I've stood at this crossroads myself, and share my own experience here in the hopes that it will help inform other social entrepreneurs facing the same decision.

NGO 8

NGO Venture Capitalist Entrepreneur Short-term 8

Harvard Business Review

SEPTEMBER 10, 2015

Frequently cited as one of the world’s most vibrant innovation hubs, Israel boasts more startups per capita than any other country in the world. too, have undoubtedly helped, connecting Israeli entrepreneurs to investors and a large market. .” For good reason: A tiny country of only 8 million people — 0.1%

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

OCTOBER 25, 2018

How has technology changed which deals venture capitalists (VCs) fund and how they fund them? Venture capitalists essentially invest in startup ‘experiments’, and subsequently provide more funding to the experiments that work, so that they can run more experiments. Atomic Imagery/Getty Images.

Venture Capitalist 10

Venture Capitalist Finance Venture Funding Cost 10

Harvard Business Review

OCTOBER 28, 2013

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.

Disruptive Innovation 8

Disruptive Innovation Finance Venture Capitalist Supply Chain 8

Harvard Business Review

APRIL 21, 2016

In connecting creators and entrepreneurs directly with customers and funders, it transforms the opaque and oligarchical market for early-stage fundraising into a more democratic, open one. Crowdfunding acts as a platform, matching innovators with those who need innovation, and thus is reshaping which ideas come to market.

Venture Capitalist 8

Venture Capitalist Project Diversity Technology 8

Harvard Business Review

MARCH 1, 2017

But the solution to this innovation logjam has emerged: blockchain. For example, consider how new business ventures access growth capital. Done right, ICOs can not only improve the efficiency of raising money, lowering the cost of capital for entrepreneurs and investors, but also democratize participation in global capital markets.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

OCTOBER 25, 2016

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.

Venture Capitalist 8

Venture Capitalist Cost-Benefit Analysis Policies Drucker 8