The Startup Gold Mine: How to Tap the Hidden Innovation Agendas of Large Companies to Fund and Grow Your Business
- 3h 22m
- Neil Soni
- HarperCollins Leadership
- 2018
The startup playbook for partnering with big business
Corporations are desperate to overhaul their culture and the perception that they are giant, bureaucratic dinosaurs too slow to react in a rapidly changing business landscape. Many are trying to be more innovative and agile, like a startup. One easy way to achieve this goal is through partnering with or acquiring a startup. Corporate venture capital (CVC) now makes up 25 percent (~$18 billion) of all venture capital dollars in North America.
The Startup Gold Mine reveals how the world’s largest and most prestigious brands make innovation decisions, including new product launches, vendor-startup partnerships, and even billion-dollar acquisitions. The book also details the ways startups can leverage corporate strengths and weaknesses for mutual benefit. Readers will learn
- Why the “innovator’s dilemma” is leading large companies to seek out partnerships with startups
- How to close a deal with a large company, from first connection to getting paid
- Strategies to troubleshoot common land mines that startups encounter when working with large companies
- Ways to navigate the convoluted corporate landscape without spending a fortune on conferences and consultants.
About the Author
Author Neil Soni draws on his experience as an entrepreneur and as an external innovator with premier brands like Estée Lauder, MAC, and Smashbox to reveal large companies’ inner workings, as well as how startup founders and employees can use this knowledge to close the biggest deals of their lives.
In this Book
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What is Corporate Innovation, and why should I Care?
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People, Risk, and Incentives: How Decisions are made in the Corporate World
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Internal Corporate Absurdities: Day-to-Day Life in Corporate, and Why Startups must Understand This to Succeed
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The Innovator's Dilemma in Action
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How to Get a Deal Done: The Complete Guide
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Major Mistakes Startups make when Trying to Work with Corporate (And How to Avoid Them)
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Corporate Venture Capital: Golden Ticket, or Deal with the Devil?
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The Best and Worst of Startup-Corporate Interactions
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What to do When Corporate Innovators Screw Up: (And How to Avoid These Mistakes)
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Conferences, Hackathons, Consultants: Oh, My!
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Empathy: The Final Ingredient to Productive Startup-Corporate Interactions
