14min chapter

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#206 The Venture Mindset with Ilya Strebulaev, Economist & Professor at Stanford Graduate School of Business

DataFramed

CHAPTER

Navigating Innovation Strategies

This chapter delves into the contrast between incremental improvement methodologies and a venture mindset that embraces transformative innovation. It emphasizes the importance of recognizing when to leverage each approach for optimal investment outcomes, while also illustrating the value of diverse insights and connections. Additionally, the chapter discusses the necessity of saying 'no' in venture capital to efficiently filter ideas and focus on the most promising opportunities.

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