.
"BI: So explain your concept of lean startups, what that is and why it works.
SB: Venture capital and technology entrepreneurship is at best 50 years old in its modern form. What we did for the first 50 years of startups was get it wrong. We treated startups as smaller versions of large companies. We said "everything you do for these large companies -- business plans, you need to write one. VPs of sales -- you need to have one. Revenue plans -- you need to execute that. Everything they do at IBM, you need to do in your startup, just a smaller version."
It took 50 years to realize why that's wrong. Large companies execute known business models, while startups search for a business model. The distinction between execution and search is huge. People who execute are incredibly uncomfortable in a chaotic environment, and people who are wonderfully comfortable in chaos go crazy in an execute environment. Business plans, which are great for your second and third product in a large company, are a joke in a startup when it's all a series of unknowns"
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Estão a ver os projectos de empresas e os empreendedores a terem de apresentar volumosos planos de negócio para suportar pedidos de apoio a subsídios e apoios?
...
"BI: You've written about the secret history of Silicon Valley. What makes this place unique for entrepreneurs?
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