Silicon Valley’s predominant model is to raise unicorns. Traditionally, this is done through rapid growth. The problem now, however, is that this growth-at-all-costs methodology, which the Valley’s top players are exceptionally good at, only works in the strongest bull markets, in the most optimal conditions.
On October 13th 2020 I stepped down as CEO of CircleUp, the company I started in 2011. I want to share my experiences and vulnerabilities with full candor in the hope that other founders can have a resource that I lacked; that they can learn from my experience and feel less lonely than I have through this process.
Doing old things better tends to get more attention early on because it’s easier to imagine what to build. The early electrical grid delivered light better than gas and candles. It took decades before we got an electricity “app store” — a rich ecosystem of appliances that connected to the grid.
Calling Startups in Supply Chain Innovation
The Techstars Sustainability Challenge is an equity-free challenge that brings together founders with industry leaders in sustainability. Top Supply Chain solutions in the areas of Data & Automation and Materials & End-of-life Impact will have access to potential commercial opportunities with our corporate partners. We are looking for proven technologies that are able to be pilotable in 2021. Applications are now open and close March 1, 2021.
Join Growth Velocity Academy’s Digital Marketing Growth Summit™, a ½ day online interactive workshop for Digital Marketers & Entrepreneurs packed with proven strategies that you need right now to survive & thrive in uncertain times.
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