Remove tech-and-innovation
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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

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Why Winner-Takes-All Thinking Doesn’t Apply to Silicon Valley

Harvard Business

Economists developed the theory of network effects in the 1970s and burnished it in the 1990s, and business gurus, entrepreneurs, and the tech media enshrined it as one of the guiding lights of the new economy. Yahoo’s core business is worth next to nothing, and buyers are struggling to see if there’s any there there.