Issue 136 - 02 | The Five Fatal Mistakes of Startups

By Henry Kressel & Norman Winarsky
Published Dec. 17, 2015 10:00 a.m.
“It’s natural to expect that many young companies fail, but what’s remarkable is that in an overwhelming number of times, they fail from avoidable mistakes. Of course sometimes events occur that could never have been predicted—such as the loss of a key founder, or an unexpected government action that eliminates the need for the product—but these events are rare in our experience. This is a manifesto about the company killers that every CEO needs to avoid.”

About Henry Kressel & Norman Winarsky | Henry Kressel is special limited partner at Warburg Pincus, a leading global private equity firm. He previously served as a senior partner and managing director here for more than thirty years. During his tenure, he successfully led and managed investments, both domestic and international, in diverse fields of technology and services. Collectively, these investments generated many billions of dollars in enterprise value.

Norman Winarsky is past president of SRI Ventures at SRI International, a world-renowned research institute. He was a founder of SRI’s venture strategy and process, which has resulted in more than sixty ventures worth over $20 billion, including companies such as Nuance, Intuitive Surgical, and Siri.

They are both the co-authors of a new book, If You Really Want to Change the World: A Guide to Creating, Building and Sustaining Breakthrough Ventures.

Related Books

A Guide to Creating, Building, and Sustaining Breakthrough Ventures
Hardcover  (9781625278296) 
Published 10/2015  by Harvard Business Review Press 
Price: $18.90 to $24.00
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