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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

Think about Uber, created in 2009, which is now available in over 400 cities worldwide, fulfills over one million rides on a daily basis, has about 9 million users, and receives more than $1 billion in payments per year. At one level, the answer is quite obvious: Unicorns get big fast.

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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. Soon after, she and her technical cofounder also received a grant from Cyclotron Road. This is a dangerous mindset. In a sense, they were lucky.