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 review
Startup Business Plan Review: Tempo – yet another workout at home in front of a mirror startup
Now that you can’t go anywhere easily with the Covid induced lockdown, we might start seeing an increase in either the number of startups offering some type of exercise at home solutions or we might see the existing companies doing better because of increased sales. I’ve heard that Pelaton’s sales are up 36%, which wouldn’t be surprising. One such company offering … [Read more...] about Startup Business Plan Review: Tempo – yet another workout at home in front of a mirror startup
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