a) A tactical innovation meant to improve performance of an existing business on a 3-12 month timeframeb) An extension of existing technology or business models on a 2-3 year timelinec) A disruptive new business on a 5-7 year timeline
starting a tech business alex cowan pdf 12
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Notable contributions to popular culture, for example in entertainment, sports, music, and fashion, have their origins in California. The state also has made noteworthy contributions in the fields of communication, information, innovation, education, environmentalism, economics, politics, technology, and religion.[23][24][25] It is the home of Hollywood, the oldest and one of the largest film industries in the world, which has had a profound influence upon global entertainment. It is considered the origin of the American film industry, hippie counterculture, beach and car culture,[26] the personal computer, the internet,[27] fast food, diners, burger joints, skateboarding, and the fortune cookie among other innovations.[28][29] The San Francisco Bay Area and the Greater Los Angeles Area are widely seen as the centers of the global technology and film industries, respectively. California's economy is very diverse: 58% of it is based on finance, government, real estate, technology, professional, scientific, technical and business services, education, health, transportation, trade, hospitality, leisure, utilities, tourism, manufacturing, construction, shipping, and many other industries.[30] Although agriculture accounts for only 1.5% of the state's economy,[30] California's agriculture industry has the highest output of any U.S. state.[31][32][33] California's ports and harbors handle about a third of all U.S. imports, most originating in Pacific Rim international trade.
Described as a MySpace for business users, LinkedIn was the most popular business networking site developed by a talented team of Silicon Valley entrepreneurs. But could LinkedIn develop a business model, expand beyond tech job seekers, and stave off competition from Facebook? Jeremy Levine bet they could by leading a round in 2006. Five years later, LinkedIn went public, and five years after that Microsoft acquired the business for $26 billion. Read the memo. 2ff7e9595c
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