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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

Snapchat, an idea conceived in 2011, is now valued around $16 billion, with more than 100 million active users who send an average of over 400 million snaps per day. Brian Chesky, one of the cofounders of Dot & Bo, once said, “Initially, each idea and mock-up we developed for the company was completely and utterly wrong.

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

Harvard Business Review

The problem that Etosha and her cofounders ran into when they first sought to leverage the Silicon Valley ecosystem to get their business off the ground was that venture investors typically want to see a real product. Soon after, she and her technical cofounder also received a grant from Cyclotron Road.