Remove Finance Remove Operations Remove Venture Funding
article thumbnail

Funding The Next Generation Of Startups

The Horizons Tracker

They argue for a €100 billion fund that recruits from both public and private sources and aim for a long-term focus. The €10 billion fund aims to back startups with a mixture of grants and equity investments.

article thumbnail

Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

This is the essence of Groupon's declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. Finally, reaching profitability quickly ensures that when outside financing dries up, the venture can succeed on its own.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Move to Silicon Valley Without Preparation

Harvard Business Review

The company has 10,000 customers for their helpdesk software-as-a-service product, and thus far, $6 million in financing. Greg Gianforte, the founder of RightNow, told me years ago that one of the best decisions he made was to build his engineering operation in Montana. Costs are low. Quality of life is high. Attrition is non-existent.

article thumbnail

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

Harvard Business Review

Corporate executives seek to inject “Silicon Valley DNA” into their cultures, and policy makers point to venture-funded entrepreneurship as a solution for all manner of problems. If you have an idea to apply mature technology to a well-understood problem, it’s relatively easy to get it financed.

article thumbnail

Three Questions to Consider Before Deciding Where to Locate Your Start-Up

Harvard Business Review

In the first article in this series, I showed some striking numbers to stress what many inferred: there are real costs to locating operations outside of a startup super-hub (San Francisco Bay, New York, or Boston). The short version: it’s just plain harder to get funding, sell your business, or simply survive outside of the super-hubs.

article thumbnail

Enabling the Natural Act of Entrepreneurship

Harvard Business Review

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. Piecemeal policies, like angel tax credits, loan guarantees, reduced payroll taxes, direct investments, government venture funds, etc., Even better.

article thumbnail

How Blockchain Is Changing Finance

Harvard Business Review

After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. This industry supports a number of intermediaries, such as investment bankers, exchange operators, auditors, lawyers, and crowd-funding platforms (such as Kickstarter and Indiegogo).