289: Linda Yates, Driving company growth through ventures
The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving
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Innovation Is Not Wrong
Most of the unicorns in Silicon Valley are not sitting on patent. I've seen that whenever I see companies send me a prospectus to invest. Do they have a moat that's defendable in a quarter? Right. And most of them don't have it. You know, I look at a lot of these fintech banks and most of them when you dig through the filings they're using a little bank in Kansas that has a banking license. That Banking license can be taken away from them at any time that fintech can go out of business. Exactly right. For a lot of companies digital transformation is having an app which usually doesn't work very well. Yeah.
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