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Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

Facebook had to resolve expensive and time-consuming litigation related to promising early hires senior positions and substantial equity stakes. As Clay Christensen aptly points out in The Innovator’s Dilemma, a large company’s defense of its legacy clouds its ability to appropriately assess the potential impact of disruptive technologies.

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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

Value is created through diligent hard work. Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. Your commitments to investors must be significant enough to compel them to write you a check.