As a VP at a fairly large company that runs a $400M revenue a year division as well as someone who has acquired startups in a number of S&P500 companies, let me tell you the truth of why big companies can’t innovate and why instead they acquire startups. Peter Drucker summed it up in one sentence “Culture eats strategy for breakfast”. I’m going to spend an entire blog post … [Read more...] about Why Big Companies Fail To Innovate and Why Instead They Acquire Startups
Startup Business Plan Review: Miso Robotics – burger-flipping robots
Yes, you heard that right. Robots are here to flip burgers. You can no longer scare your kids to study hard to get into a good college and get a good job by saying that if they don’t, they will end up working at the local burger joint, flipping burgers in the scorching heat. Yep, automation is taking that away from us as well. To me, this doesn’t sound surprising. The meat … [Read more...] about Startup Business Plan Review: Miso Robotics – burger-flipping robots
Startup Review: Turo – book cars from others
I travel frequently for work - both within the USA as well as internationally. Particularly in the US, I often need to rent a car at my destination. My usual drill is to book a boring car from Hertz or Avis, since large companies tend to utilize the services of well-known car rental companies that are available everywhere. Turo tries to address the "boring car" piece by … [Read more...] about Startup Review: Turo – book cars from others
5 Great Reasons Why You Should Join a Startup
Ever wondered whether to join a startup? You absolutely should at some point in your life! I find Startups to be very exciting, they get tremendous press coverage even if they have no sales or no concrete shipping product and are great conversation starters if you are at a party. If you are reading this blog, you may not be the party type :-) Having worked at 3 startups and … [Read more...] about 5 Great Reasons Why You Should Join a Startup