Jon M. Huntsman School of Business News Collection
Files
Download Full Text (197 KB)
Description
The Silicon Valley approach for building companies has become the main strategy taught at many business schools around the country. It goes like this: You create a prototype you can quickly test, preferably in the tech industry. You find a group of users and gain proof of concept. You raise capital and scale the business as rapidly as possible. You plan an exit strategy that may include going public or selling to an industry buyer. You shoot for a 10X return to investors. You make a lot of money.
Publisher
Utah State University
Publication Date
10-23-2014
Keywords
100, Cities, Entrepreneurs
Disciplines
Business
Recommended Citation
USU Jon M. Huntsman School of Business, "100 Cities 100 Entrepreneurs" (2014). Jon M. Huntsman School of Business News Collection. 14.
https://digitalcommons.usu.edu/huntsman_news/14