2. Peter Thiel Video
• Considering Peter Thiel’s views as presented in the
video
(https://www.youtube.com/watch?v=5_0dVHMpJlo), how
would you comment on why Apple has been such a big
success story until today?
• Dou you expect these success factors to continue for
Apple in the future? Why, why not?
• Your responses should not exceed 2500 characters.
New Venture Development, Bora Özkent
2014
2
3. Googley Case Questions (Teamwork As
Usual)
• Do you think Google has been successful? Why?
• What is unusual about Google? What practices support the
Google business model?
• What are some challenges Google is facing at the end of
the case?
• What else can Google do to ensure that it remains an
entrepreneurial place?
• What other steps can Google take to help keep Google
"Googley" to avoid bureaucracy and maintain rapid
decision-making and international consistency? Please
devise an action plan. Be specific.
4. Developing Business Plans (Prepare for Class
Discusion)
• What is the purpose of a business plan, and what’s the
relationship between a business model and a business plan?
• What kind of information should a business plan include? How
do you link assumptions you are making to cash flow
forecasts? How will you identify key areas of uncertainty and
risk? What experiments can you use to reduce uncertainty
and risk as you implement and what metrics and milestones
can you use to measure progress?
• What are the different options for communicating your new
venture business model?
• How do entrepreneurs prepare for—and deliver—a successful
pitch to investors and other stakeholders?
New Venture Development, Bora Özkent
2014
4
5. Quiz
• Imagine that you have been offered jobs by two companies just after
graduating from MBA.
• One of the companies is a well established global consulting company and
is offering an attractive package accompanied by very promising career
opportunities.
• The second company is a Silicon Valley startup. They managed to raise 10M
Dollars of seed capital from respected investors. Their product did not hit the
market yet and they will need more investment in the near future. The
package they offer is weaker and they can’t promise any career but only
stock options.
• Which job offer would you take? How could you rationalize your choice?
Please base your thinking on what you have learned in this course and
provide references to the course material.
• Prepare a written report and send it to me until 8.00PM today.
5
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