By Guest Author Soren Petersen In stark contrast to previous decades, starting a new venture can be accomplished on a shoestring budget. This is due to the diminishing cost of information and tools combined with the relatively high value of knowledge, skills, and experience that founders bring to the equation. Bootstrapping is now often possible
President Faust, members of the Harvard Corporation and the Board of Overseers, members of the faculty, proud parents, and, above all, graduates: The first thing I would like to say is thank you. Not only has Harvard given me an extraordinary honor, but the weeks of fear and nausea I’ve experienced at the thought of
We have had some discussions in the past here about how Silicon Valley’s success owes itself to the fact that risk-taking is encouraged here, and failure is not a stigma that you have to carry throughout your career. I recently attended a roundtable at Stanford with a delegation from France, where this topic came up