Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Yet truly disruptive innovations, like the smartphone from Apple and the rise of the Internet, are very rare, and are generally unpredicted. So why would any investor ever believe any of these claims?





Comments


Written by lyceum
3169 days ago

I will check out the book ("Disruption by Design") mentioned in the post.



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Share your small business tips with the community!