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Managing Shareholders in the Age of Stakeholder Capitalism

Harvard Business Review

Finance and investing Corporate finance Entrepreneurial financing Private equity Venture capital Venture funding Angel financing Economics Economic systems Digital ArticleHow to identify and attract investors who will support your long-term, stakeholder-focused plans.

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Venture Capital and Deep Decarbonization (with Energy Impact Partners’ Shayle Kann)

Harvard Business

Innovation Venture capital Venture funding AudioA longtime investor on the challenges of investing in the net zero economy.

Energy 56
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Research: VCs Reward Self-Presentation Over Qualifications

Harvard Business

Entrepreneurs and founders Venture capital Start-ups Entrepreneurship Venture funding Digital ArticleAn analysis of more than 4,000 firms, their founders, and their funders.

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How VCs Can Overcome the “Winner’s Curse”

Harvard Business

Venture capital Entrepreneurial finance Founders Organizational decision making Entrepreneurial financing Entrepreneurs and founders Venture capital Venture funding Digital ArticleThe more rivals you outbid, the more likely you are to have paid too much.

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How Venture Capital Made the Modern World (with Sebastian Mallaby)

Harvard Business

Journalist and author Sebastian Mallaby joins Azeem Azhar to discuss the history (and future) of venture capital. Venture capital Venture funding Start-ups Scaling entrepreneurial ventures Innovation Audio

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From Tech Investor to Author (with a16z’s Andrew Chen)

Harvard Business

Advertising Algorithms Social media Start-ups Venture capital Venture funding AudioAzeem Azhar speaks to Andreessen Horowitz general partner Andrew Chen about their parallel career moves – from tech insiders to authors.

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What Executives Should Know About Digital Currencies

CEO Insider

Here a car company putting Bitcoin on its balance sheet, there a bank opening a branch in the Metaverse; here venture funds plowing money into Web3, there […].

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Benefits of Being a Young Entrepreneur

Mills Scofield

The Founder Project is a new type of venture fund run by students investing in students'' startups to create a global student startup ecosystem. Education Entrepreneurship Funding Innovation Startups Venture Capital Venture capital The founder of Founder Project , Ilan Saks , did a guest post and asked me to return the favor, which I did here. Currently, Founder Project is only in Canada - Montreal & Toronto, but Ilan has plans to expand to the USA.

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Something Ventured

CEO Blog

Wednesday night I attended a Cinemonde screening of "Something Ventured - Risk, Reward, and the Original Venture Capitalists" (not to be confused by the autobiography on CM Woodhouse called Something Ventured ) It is a great documentary film. It told of the early days of Kliener Perkins and the funding of Steve Jobs - including interviews with some people who turned him down because he was "arrogant, hippy and smelled bad".

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Niche can be a Competitive Advantage

CEO Blog

In that, I talk about the advantages of being small (like the Canrock Ventures fund). I have been a niche player all of my life. I choose small markets and learn to be dominant in them. I prefer to be big in a small market. Working in a niche allows focus on specialties. The more you do of the same specialty, the easier, cheaper and faster you get. As I grow, the niches get bigger and bigger. Just because you are a niche player does not mean you need to be small.

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The Benefits of Understanding Blockchain Technology

Strategy Driven

For example, Brock Pierce established Blockchain Capital, the first sector-focused venture fund that only invests in businesses using Blockchain technology. There are many benefits to understanding Blockchain Technology, and a few things to keep in mind.

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The Time is Now to Become an Entrepreneur

Mills Scofield

Consequently, last year I founded TheFounderProject - a new type of venture fund run almost entirely by students that invests in student startups. We are now a team of 30 ‘ student venture capitalists ’ from all universities in Montreal, Toronto and Halifax. Some student startups have even received seed and series A term sheet offers from Canadian venture funds, and a couple have been accepted into Canadian accelerator programs.

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How to improve Klout Score

CEO Blog

Klout did find other things that I feel I do have knowledge on like social media, venture capital, entrepreneurship etc. I contributed a chapter on Venture Funding in an eBook. When I first heard about Klout I naturally assumed it was KKK speak for someone in the Klan with power. Or perhaps the Klan enforcer who clouts people. Klout is a scoring system that weighs influence in social media.

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A new LinkedIn tool to help managers find non-executive positions

Chartered Management Institute

To begin with Board Connect has just four non-profit launch partners – Teach for America, New Schools Venture Fund, Charter Board Partners and the Draper Richards Kaplan Foundation – but the hope is that this will quickly expand. Throughout the past few years, a regular issue in the management world has been how to ensure gender parity in the boardrooms of our biggest companies.

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If The Entrepreneurial Shoe Fits, That Doesn’t Mean You Should Wear It

Terry Starbucker

It really is essential reading for any would-be entrepreneur, because it really “lays it all out there&# – all the hurdles and “screens&# that one has to jump and pass through to conceive, plan, fund, staff, model, manage and execute (just to name a few) a new business. The “Secret&# of success is not just a great idea, a positive attitude, and venture funding. Carol Roth, author of "The Entrepreneur Equation" Carol Roth is a truth teller.

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Statistics and Sound Bites from Women Business Leaders [Infographic]

Women on Business

Unfortunately, only 3-5% of women-owned businesses receive venture capital (95% goes to male-owned businesses), and only 10% of venture-funded startups are women-owned. In fact, female entrepreneurs start with about one-eighth the funding of male-owned ventures. That’s despite the fact that women-owned, venture-backed companies have 12% higher revenues. Women make up 46.9% of the U.S.

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Male and Female Entrepreneurs Get Asked Different Questions by VCs — and It Affects How Much Funding They Get

Harvard Business

There is an enormous gender gap in venture capital funding in the United States. Female entrepreneurs receive only about 2% of all venture funding , despite owning 38% of the businesses in the country. The prevailing hope among academics, policy makers, and practitioners alike has been that this gap will narrow as more women become venture capitalists. However, homophily does not seem to be the only culprit behind the funding gap.

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Startup Accelerators Have Become More Popular in Emerging Markets — and They’re Working

Harvard Business

Our most recent report with data on over 2,000 ventures from 42 accelerator programs, shows that across country settings, accelerated ventures grow at significantly higher rates compared to ventures that applied but were not accepted into the accelerator program. We were also surprised to find that emerging market ventures are typically older than startups applying to accelerator programs in high-income countries, are earning more revenue, and have hired more employees.

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

Harvard Business

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. 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. Jurgen Ziewe/Getty Images.

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True Leaders Believe Dissent Is an Obligation

Harvard Business

I first encountered the term last year, in an intriguing interview with a CEO named Victor Ho, cofounder of a customer loyalty company that has raised more than $100 million in venture funding. These are head-spinning times for those of us who think about the best ways to lead and the most effective ways to compete. What defines acceptable personal behavior (let alone behavior worth emulating) among public officials?

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Research: How Cloud Computing Changed Venture Capital

Harvard Business

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. So an innovation that changes the cost of experiments changes the landscape for venture funding. Thank you to Correlation Ventures for helping us with this study.

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How Advanced Analytics Is Changing B2B Selling

Harvard Business

Taking this strategy a step further, the company established Monsanto Growth Ventures (MGV), a venture fund based in San Francisco that looks for other inventive, environmentally sustainable ways to improve crop yield. Marcus Winther/Getty Images. From targeted online advertising to more precise recommendation engines, consumer markets are bursting with innovation around machine learning and advanced analytics.

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Impact Investing Could Accelerate the Fight Against Cancer

Harvard Business

As part of our work with the Harvard Business School-Kraft Precision Medicine Accelerator , funded by a $20 million gift from the Robert and Myra Kraft Family Foundation, we have been studying these approaches. The improved odds of success in drug discovery are providing new opportunities for donors to back what has become known as venture philanthropy. As Josh Boger, the founder of Vertex, has stated , “Without Cystic Fibrosis Foundation funding, Vertex would not be in CF.”

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What the CVS-Aetna Deal Means for the Delivery of U.S. Health Care

Harvard Business

This is evidenced by the number of venture funding deals , which grew some 200% between 2010 and 2014. Carol Yepes/Getty Images. The landscape for the delivery of health care in the United States is changing, but the traditional care-delivery players are not the change agents.

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Don’t Expect New Crowdfunding Rules to Create a Startup Boom

Harvard Business

If the limiting factor for the startup economy is capital, you’d expect newly founded venture funds to generate solid returns. But if the limiting factor is the number of promising startups, you’d expect more capital to have little impact because investors are either competing to get into the same deals or funding second-rate startups with little chance of success. Venture capital North America Digital Article

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Refugees Need Jobs. Entrepreneurship Can Help.

Harvard Business

Europe, on the other hand, led by Germany, the Netherlands, and Sweden, spends a higher proportion of its international development funds supporting entrepreneurial and pro-business projects in developing countries. Refugees pouring into Europe from Africa and the Middle East have arguably created the greatest crisis for the “European Experiment” since it began after World War II.

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Why John Deere Measures Employee Morale Every Two Weeks

Harvard Business

But this is not nearly frequent enough for Deere and companies facing fierce competition for rare technical talent from venture-funded startups and big software and services competitors like Amazon and Google. Many companies go to great lengths every year or two to determine just how motivated their work force really is. Traditionally, they might get vendors such as Gallup to survey employee engagement.

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This Program Uses Lean Startup Techniques to Turn Scientists into Entrepreneurs

Harvard Business

That spring Rithmio won the COZAD New Venture Competition , and on the strength of that was able to secure $650,000 in angel financing. Later it received an additional $3 million in seed funding from blue-chip investors such as Intel Capital and KGC. According to VentureWell, as of May 2016 the program has trained over 700 teams, which have raised more than $80 million from venture funding, government grants, and other sources. Cat Yu for HBR.

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Two Ways to Break into India’s Consumer Market

Harvard Business

Two Indian e-commerce platform companies, Flipkart of Bangalore, founded by a pair of former Amazon employees, and Snapdeal near New Delhi, founded by a Wharton graduate, have each received over a billion dollars in venture funding and are in a war for these customers. Amazon has put the funds and the management bench strength to lend credence to this ambition.

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How Blockchain Is Changing Finance

Harvard Business

For example, consider how new business ventures access growth capital. Traditionally, companies target angel investors in the early stages of a new business, and later look to venture capitalists, eventually culminating in an initial public offering (IPO) on a stock exchange. This industry supports a number of intermediaries, such as investment bankers, exchange operators, auditors, lawyers, and crowd-funding platforms (such as Kickstarter and Indiegogo).

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Innovative Companies Get Their Best Ideas from Academic Research — Here’s How They Do It

Harvard Business

To account for its success, many point to America’s entrepreneurial culture, its tolerance for failure and its unique ecosystem of venture funding. While private companies employ some excellent scientists, most of America’s scientific research is publicly funded. It has been this architecture that has driven America’s technological leadership, funding everything from the first computers, the internet, GPS, laser scanners at stores and most blockbuster drugs.

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How Corporate Venture Capital Helps Firms Explore New Territory

Harvard Business Review

Corporations have narrowed the focus of their R&D by pressing for clear, short-term wins; venture capitalists are too quick to get caught up in the latest, hottest thing; and even the vaunted crowdfunding option is pretty limited: It''s great if you''re an internet star, but try getting a crowd excited about an innovative idea in industrial machinery. Two in particular are corporate venture funds, which invest in start-ups outside companies'' walls, and internal idea contests.

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How Corporate Venture Capital Helps Firms Explore New Territory

Harvard Business Review

Corporations have narrowed the focus of their R&D by pressing for clear, short-term wins; venture capitalists are too quick to get caught up in the latest, hottest thing; and even the vaunted crowdfunding option is pretty limited: It’s great if you’re an internet star, but try getting a crowd excited about an innovative idea in industrial machinery. But cutting back on research funding doesn’t work either.

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3 Entrepreneurs Who Made It Their Mission to Lower Health Care Costs

Harvard Business

In 2010, Chandra started a for-profit venture, Forus Health , which launched the world’s first low-cost fundus camera , 3nethra, that screens anterior (cornea) and posterior (retina) segments of the eye for four major conditions (cataracts, diabetic retina, glaucoma, and cornea issues). Raising funds for poor patients was his immediate response. In 2015, at age 21, he founded a venture-funded for-profit start up, Stasis Labs , focused on proactive patient care.

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How a Startup Accelerator at Boston Children’s Hospital Helps Doctors Launch Companies

Harvard Business

It has accelerated nine projects and spun three of them out as start-up companies that have secured over $2 million in venture funding. It offers mentoring, development support, and funding customized to each project’s needs. There is no clear strategy for building new ventures inside the highly regulated, health care environment, and launching new technologies in health care takes a long time.

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3 Health Care Trends That Don’t Hinge on the ACA

Harvard Business

From 2015 to 2016, investors poured more than $8 billion into funding these tools. In 2011 81 digital health startups received venture funding; with consistent year-over-year increases, 296 startups were venture backed in 2016. The venture industry is betting big on digital health, with $4–$5 billion invested annually. Laura Schneider for HBR. In early May 2017 Republicans in the U.S.

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Practical Advice for Raising Early Stage Venture Capital

Harvard Business Review

But raising venture capital is sometimes a great idea. If your business has high velocity, high margins, and a huge market, venture may be a good road for you. There are some helpful resources out there on venture terms , good venture funds vs. bad ones , and questions you may want to ask a venture capitalist if you meet one. The notes below are practical working tips on how to go about navigating venture capitalist conversations. Every fund does.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics). The prevalent model of startup cooperation in recent years has been corporate venture capital and accelerators (CVC&A).

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What Zipcar Can Teach the S&P 500

Harvard Business Review

While entrepreneurs are grasping for venture capital, the nation's leading firms seem puzzled about how to spend their money. If its ambition was to improve on current products in tiny increments, venture capitalists would ignore them. If big companies are to seize more fast-growth opportunities, they can learn from the venture capitalists that back the most successful entrepreneurs. What could happen if these companies embraced the venture capitalist playbook?

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More and More Companies Want a Piece of the Next Snapchat

Harvard Business Review

Venture capital investment has reached levels not seen since the dotcom crash, and corporate money is playing a significant role. There’s a case to be made for corporate venture capital as a strategy, but research suggests that this is probably the exact wrong moment to be using it. corporate venture capital amounted to roughly $1.5 Much of this activity is driven by a handful of highly active funds at firms like Intel, Google, and Qualcomm. Venture capital

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What Tomorrow's Leaders Are Learning in Africa Right Now

Harvard Business Review

And companies in Accra include venture fund Oasis Capital and agricultural private equity house Injaro Investments. This is the first of several commentaries on " The Paradox of Samsung's Rise ," an article by Tarun Khanna, Jaeyong Song, and Kyungmook Lee in the July?August August 2011 HBR.

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In Singapore, a Failure to Fail

Harvard Business Review

Our IDEAS Ventures fund is a joint arrangement with the National Research Foundation as part of the National Framework for Innovation and Enterprise. Government support is beneficial, but venture capitalist investor Mike Maples recently made a point in a conversation with TechCrunch that crystallized a nagging concern that I've had about Singapore: it's too hard for companies to fail.

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Lessons From BIF-7

Mills Scofield

After some introspection, she agreed to head up Clayton Christensen’s venture fund, Rose Park Advisors , to help companies grow. I’m tired of all the “Woe is America” stuff – we’ve lost our innovation edge, we’re stagnating, etc. What I see is the opposite – incredible innovation in products, services, processes and business models. It’s just not in the mainstream media.