A Quote by Jay Samit

In an era of endless innovation and constant disruption, what is any company really worth? How does a startup determine its valuation? — © Jay Samit
In an era of endless innovation and constant disruption, what is any company really worth? How does a startup determine its valuation?
Adaptability and constant innovation is key to the survival of any company operating in a competitive market.
Leapfrog innovation - consistent, constant, ridiculous leapfrog innovation - only happens within a dictatorship. Any time you try to do something really innovative, most people aren't going to understand it until after they experience it. So when you're developing in innovation, you have to be a dictator.
When you’re in a startup, the first ten people will determine whether the company succeeds or not.
Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption.
Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.
If you're investing in a company in the Bitcoin economy, you have to compare the valuation of the company to the valuation of the entire economy.
VCs invest in innovation and disruption, but how often do they innovate themselves?
A company can be an amazing company, but they can set their valuation of their company so high to where they price themselves out.
The most important question regarding Big Data at almost any company is: How much are your customers really worth?
I discovered that the best innovation is sometimes the company, the way you organize a company. The whole notion of how you build a company is fascinating." Steve Jobs
I think innovation as a discipline needs to go back and get rethought and revived. There are so many models to talk about innovation, there are so many typologies of innovation, and you have to find a good innovation metric that truly captures the innovation performance of a company.
Valuations are actually quite simple to grasp. A company is only worth what two acquirers are willing to pay for it. Don't you just need to find that one buyer? If there is only one potential company interested in buying your startup, chances are you won't be hearing the word 'billion' in the offer.
The role of innovation inside the company is so important. That's how we get growth, and there's no way to drive innovation without learning and change.
I don't believe the government should determine what a woman does in this area any more than it should tell a chief executive how to run a company. Personal and family matters, relationships between doctors and patients should not be within the purview of government.
Innovation- any new idea-by definition will not be accepted at first. It takes repeated attempts, endless demonstrations, monotonous rehearsals before innovation can be accepted and internalized by an organization. This requires courageous patience.
Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
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