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Markets develop for a complex set of factors that are often beyond all of our control. It is often the fortuitous mixture of new technologies, customer awareness and then acceptance of the technology and then the slow adoption into our daily lives that leads to markets exploding. We technology leaders also make this mistake.
I learned how to get press coverage when we were no longer “hot.&# I learned how to manage costs effectively. I learned how to establish a technology center in India and how to manage disparate developmentteams (and this has drive my thoughts also about what does NOT work.).
Per the popular press’ narrative, Steve Jobs went from a technology rock star (early 1980’s) to a petulant, spoiled brat (late 1980’s), to a washed-up, has been (early 1990’s) back to a technology rock star (2001 to present). Steve’s Startup Tips. Along the way, Steve shared numerous nuggets of sage advice.
Relinquish Press Release Capabilities. Craft terms which ensure you will not beholden to the BDC with respect to your ability to subsequently deploy and profit from jointly developedtechnology. Such unilateral development should be explicitly precluded in the agreement if you anticipate that this is a material risk.
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