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The Changing Structure of the VC Industry

Both Sides of the Table

” The pioneering fund of funds realize that their source of differentiation is much more about the latter than the former. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. 2007 was the watershed year. 2007 was the watershed year.

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Why Startups Need a Well Articulated Strategy (And How to Think About Yours)

Both Sides of the Table

He calls this competing with “non consumption” It was the most profound business strategy book I had read and greatly influenced how I thought about company building and certainly how I think about investing. I have written this up before if you’re interested – I call it Deflationary Economics. Like DeviantArt.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. You start out with vision, you must adapt and have intellectual honesty once you stare at your data and know where your true sources of differentiation and value are.

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[Review] The Three Rules – How Exceptional Companies Think

YoungUpstarts

More importantly though, Raynor and Ahmed uncovered three very simple rules that differentiated the best from the rest: 1. Many other business commentators have stated this maxim before (in various other ways as well), but the idea is simple: find a position that’s based on non-price value i.e. do not compete on price.

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Understanding the Underbelly of Online Marketing & Why You’ll Lose if You Don’t

Both Sides of the Table

If you’re a technology startup you need to excel at product, of course. But being best-in-class at online marketing is also a sine qua non to standout from your peer group. While many tech startups do this intuitively (say, SnapChat thinking it would be much better if our photos out partying disappeared) it still happens.

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Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

A version of this article first appeared in the Harvard Business Review. In tech startups stock options were here almost from the beginning, first offered to the founders in 1957 at Fairchild Semiconductor , the first chip startup in Silicon Valley. So why should non-founding employees of startups care? Here’s why.

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The Red Queen Problem – Innovation in the DoD and Intelligence Community

Steve Blank

Our defense department and intelligence community owned proprietary advanced tools and technology. We and our contractors had the best technology domain experts. Some are strategic peers, some are near peers in specific areas, some are threats as non-state disrupters operating with no rules. Newell ran the U.S.

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