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Andrew Binns - The Corporate Explorer

The Innovation Show

CHAPTER

The Importance of Using Corporate Explorers in New Ventures

If you want to follow an ambition like the Wager War on Cash from Ajay Bangor or Vince Rosh's move up the stack and capture value, then your answer is going to be a both. So I'm not against acquisition. What we're talking about is acquiring new capabilities. And when you're acquiring new capabilities, you just go buy something new that you don't understand. You are left wondering how to go to market. It can work. But as you point out, the risks are extremely high and they're much higher than the new venture, in fact.

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