Remove Develop Remove Funding Remove Patents Remove SpaceX
article thumbnail

9 Strategies For Implementing An Innovative Business

Startup Professionals Musings

Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. More success has been logged with companies like Amazon, which lightly funds many business model experiments each year, and is not hesitant to pivot or learn from failures.

article thumbnail

8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development. Most founders bootstrap product development.

article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. In the last full year where we have data LA attracted $1.5