Masters of Scale To be first to the future, be stubbornly nimble
11 snips
Jun 15, 2023 Explore the tightrope between conserving capital and seizing fleeting opportunities in volatile markets. Discover how investors and founders view risk differently and why a 'day one' mindset is crucial for continuous innovation. Engage with the nuances of crafting tech narratives that emphasize human experiences alongside disruptive advancements. Plus, learn from historical examples about adapting strategies to embrace change and navigate the evolving landscape of technology in business.
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Risk Management in Emerging Tech
- Presume that you won't be able to fully know the future when dealing with emerging tech.
- Identify key risks and bet on minimizing them, while taking smart risks with potentially large rewards.
Balancing Capital and Opportunity
- Balance saving capital with taking advantage of opportunities, like available talent in a downturn.
- Play both defense and offense: be financially sensible but capitalize on rare opportunities.
Storytelling with New Tech
- Create a simple, relatable story for customers, then tailor add-ons for talent and investors.
- Focus on the human value proposition, not just the technology, as tech is only a supporting character.