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TechNexus Perspective · Ecosystem News · Media
Using a conventional approach, corporations are paying more than they should to develop new products, markets, or revenue streams. Capital can be employed much more effectively using something like Branch Rickey’s farm system.
A true Venture Ecosystem is a network of interconnected corporations and startups, engaging as a collaborative community to sustain and grow.
If built properly with specific, actionable goals defined, a highly-effective bespoke ecosystem becomes a resounding platform of leadership for the corporation. It becomes the lynchpin in an interwoven set of relationships that fosters common interests, innovation, and revenue growth.
What can venture capital firms offer startups? Money, foremost. Mentorship, usually. Publicity, street cred, and validation are typically part of the deal. What’s missing in the traditional VC model may be why many startups fail: critical strategic services. Instead, early …
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