Big times newsletter – February: Drizly raises $16.98M, Fear of someone stealing your idea, MIT Top 10 tech…

What’s in this newsletter: 

  • News from startupsinnovation: Learn about our new training…
  • Quotes to inspire yourself and your team more: See what Elon Musk, Jay Samit said…
  • VC investment activity in Boston: Drizly raises $16.98M, discover what they do…
  • Market shift / interesting disruptive trend: MIT lists the top 10 tech to watch in 2017…
  • Innovator’s tip: Should you fear that someone will steal your idea?…
  • A dose of fun: Steve Ballmer’s response to I-phone launch (legendary and funny!)

Please feel free to join the discussion by commenting on what we share, giving your perspective on some of our opinions and insights we share here.

News from startupsinnovation:

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Quotes to inspire yourself and your team more:

“I can either watch it happen or be part of it” 

Elon Musk (Founder Paypal, Tesla, Space X, Solar City)

“The best big idea is only going to be as good as its implementation” 

Jay Samit (Author of Disrupt You)

VC investment activity in Boston:

Polaris Partners funds Drizly another $16.98m on February 21st

 

What it is: Drizly is a technology company transforming the way alcohol is shopped, sold and shared online. Drizly is a Boston based start-up founded in 2012 which raised on February 21st, according to crunchbase another $16.98M of funding from also Boston based venture capital firm Polaris Partners.

Why it’s important: This represent an improvement for consumers since they do not need to drive to the traditional liquor store to buy alcohol anymore. Deliveries are said to be done within an hour. Much like instacart (groceries delivery), mixmenu (restaurant food delivery) Drizly is disrupting the traditional commerces. Liquor stores need to adapt to these changes…

Learn more about Drizly:

Selected / proposed by: Startupsinnovation team

Innovator’s tip: 

Don’t Let the Fear of Your Idea Being Stolen Hold You Back

What it is:  An article that aims to explain to entrepreneurs if the fear of having someone steal their idea is justified.

Why it’s important: Many early stage, inexperienced entrepreneurs have the fear of someone stealing their idea which often leads them to become very secretive about their idea. This can become sometimes counter-productive as if no one knows about the idea or if those who need to understand it can’t (e.g. investors), the entrepreneurs may lose precious opportunities. This article will provide some light on that topic that comes back again and again. Entrepreneurs need to understand that in reality the implementation is the hardest piece, so even if someone steals the idea, they still have to implement it. Our message to entrepreneurs is: Focus on the implementation, move fast and work on your fears.

Article: Read it here

Source: Authored by Stephen Key for Entrepreneur.com

Selected / proposed by: Startupsinnovation team

Market shift / interesting disruptive trend:

MIT’s Top 10 breakthroughs technologies for 2017

 

What it is: Each year MIT, one of the most prestigious universities in the world shares its top 10 most important to know technologies.

Why it’s important: These technologies all have staying power. They will affect the economy and our politics, improve medicine, or influence our culture. Some are unfolding now; others will take a decade or more to develop. But you should know about all of them right now.

Article: read it here

Selected / proposed by: Startupsinnovation team

A dose of fun: 

 Steve Ballmer, ex CEO of Microsoft response to I-Phone disruption

Microsoft is today one of the most innovative company in the world. Nonetheless, Steve Ballmer’s response to a question asking him what his thoughts were of the I-phone back at the time is legendary…

A good example of unforeseen disruption.

Enjoy…

 

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