Why Pioneers Have Arrows In Their Backs
Steve Blank
OCTOBER 4, 2010
Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. Soon every other VC was using the phrase to justify the reckless “get big fast” strategies of dot-com startups during the Internet Bubble. In fact, a 1993 paper by Peter N.
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