The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
Ilya Strebulaevamazon.com
The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
When a venture investor is in the business of trying to predict to some high degree of probability a successful financial outcome, he wants to know that the future course of the company is relatively clear and that as many tools as possible are provided to him to influence that future when necessary.
Bhidé, Amar. The Venturesome Economy. Princeton: Princeton University Press, 2008.
Venture is increasingly recognized as a service-orientated profession helping entrepreneurs with their five primary needs of capital, customers, product development, hiring, and an exit, and corporations have
“Over 70% of startups fail or die. 3% of companies exit above $100 million, 0.7 % exit above $500 million, 0.2% exit above $1 billion, 0.06% exit above $2 billion. In the 1,000 companies hand-selected and funded by venture capital, only two of them can get to an exit over $1 billion. Five companies exit between $500 million and $1 billion. A total
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