Posts tagged ‘commercialization’

Background Note: on whistleblowing (in context of series on MaRS Discovery District)

April 13th, 2010 by Greg Boutin

Since I started this series, I have received multiple emails of support from entrepreneurs – several of whom are “clients” of MaRS – and innovation practitioners. Here are some extracts:

I appreciate your courage to post your views (which I share) on the MaRS topic”  (from a university research commercialization specialist and entrepreneur)

“Being a client of MaRS, I share your sentiments, but wouldn’t do so in public (for the same reasons you mention)” (from a Toronto entrepreneur)

“I forwarded your site to some of my friends at MaRS. I’m finding it quite revealing to say the least!” (from a MaRS tenant)

“I saw your post on MaRS. I had heard the numbers, but had not had the link to them. Thank you.” (from an angel group member)

“MaRS is like the planet. It’s cold and distant. Apart from some educational sessions, it doesn’t do much for actual start-ups, yet it wants to control our galaxy. They should call it the Death Star.” (a Toronto entrepreneur)

“Can’t disagree with anything you are saying” (a long-time MaRS client)

“The story sounds interesting, and clearly quite relevant.” (from a national paper business columnist)

“They’re all so pompous and useless at MaRS, as if they’re running a NASA lab (…) If they had given that money to real entrepreneurs instead, they would have created more jobs and wealth” (from a Toronto entrepreneur)

“MaRS lacks any sort of accountability. Their impact is unknown because they don’t publish any relevant metric” (executive at another innovation hub)

(more…)

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Just published on ReadWriteWeb: 10 principles for not killing your startup

March 8th, 2010 by Greg Boutin
Image representing ReadWriteWeb as depicted in...

Image via CrunchBase

ReadWriteStart, the entrepreneur’s channel of ReadWriteWeb, nicely published an article I wrote for them called 10 Principles For Not Killing Your Startup.

With the new wave of entrepreneurs brought about by the financial crisis, I suspect the mortality rate of startups is at an all-time high. I didn’t find robust data to back my observation yet, but I did come across a page that points out that, before the financial crisis:

  • the chances were six in a million that an idea for a high-tech business eventually would become a successful company that goes public;
  • a venture capitalist financed only six out of every 1,000 business plans received each year;
  • and bankruptcies occured for 60% of the high-tech startup companies that succeeded in getting venture capital.

Wow. Persistence is paramount. (more…)

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Slow adoption of Linked Data: why?

November 25th, 2009 by Greg Boutin
Linking Open Data dataset cloud as of July 14t...

Image via Wikipedia

During the November issue of Semantic Web Gang podcast, we also talked about DBpedia, which led me to share new thoughts about Linked Data. And more specifically, two things:

  1. my growing concerns that adoption of Linked Data is going slower than expected (an observation I will test further) given the R&D investment and focus of a large community including the inventor of the web and the W3C, which led us to anticipate a faster growth curve.
  2. the possibility this slow adoption rate might be due to inherent flaws in the design of Linked Data. Even if adoption is in fact rapid (which I don’t think it is), I am nonetheless concerned those flaws could also limit the potential of Linked Data to “turn the Web into a database”, as per the main promise associated with the Semantic Web by its apostles (to this day…).  (more…)

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Slides of Communitech Presentation on Overcoming the Tech vs. Business Type Divide

July 2nd, 2009 by Greg Boutin

As previously announced, I was at Communitech last Friday to talk with their Product Management group about the key challenges to launching blockbuster tech products. I decided  to tackle the divide between Techies and Biz types, as this has consistently been one of the main hurdles I saw at the ventures I work with. I was a little worried as at first I expected possible controversies over some of the points I brought up, but to my surprise this resonated well and strongly with most people in the room. About half the room were techies and the other biz types, so the distribution was spread nicely in the middle. There were no punch exchanges, mud fights or even light food fights (or food light fights for that matter).

I posted my presentation on Slideshare, so you can find it below. I had two hours at Communitech so this is quite a long deck of 40 slides. It’s all there. For those who attended, note I revamped quite a bit of it and there are several slides I didn’t show during our discussion. So you  can take a fresh look at it.

Slideshare did a poor job with the graphics so, for example, the cover page I was so proud of is all scrambled. Time permitting, I am available to deliver this presentation at other forums and welcome invitations. Rest assured I have unscrambled slides to present.

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Don’t Miss: Semantic Web Gang, Web 3.0 Conference, Semantic Technology Conference

April 25th, 2009 by Greg Boutin

I am finally back “on the air” after a long period of intensive work for clients of my consulting practice. My blog didn’t miss this chance to give me the usual guilt trip in return. Those things take a life of their own…

Things happened nonetheless in the semantic web space:

  • On the business side of the web 3.0 and the semantic web, I had a number discussions with a few start-ups in the field. A generation of
    companies is growing and coming up with mind-blowing technologies
    focused on solving real problems,
    ranging from detecting the broader interests of an advertising audience, to enabling intelligent platforms to manage complex insurance businesses, and to tagging online content and enabling more intelligent sharing and product recommendations. [Plug alert!] I look forward to helping them fine-tune their market approach, scale their operations and revenue, and raise funding where needed. A current client of mine received an excellent term sheet from a VC, so there is still money around for start-ups with a good business story. I helped them secure it by running a full market program for them (now in phase 2) involving a number of components (see my services at www.growthroute.com) and helping them present a coherent and well-supported story on the revenue side [end of plug!] (more…)

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