Maybe You’re Thinking about Digital for Radio All Wrong
What do VC’s look for when they invest in the startups which threaten mega-industries like radio? Marc Andreessen, VC and cofounder of Netscape, spelled out the formula in an HBR Ideacast episode with his former partner Jim Barksdale. Here’s what Andreessen and investors like him look for: A large incumbent… In an established industry… With a bundled product or service offering… In the presence of underlying technology change… Where there’s an idea for an unbundled version of