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How to Think of R&D Spend

Andreessen Horowitz

Here’s how I wish more growth-stage teams approached their R&D spend: Use benchmarks to initially ballpark your overall spend (but remember there are good reasons to vary from benchmarks). The problem with the 70–20–10 rule is that product is so multifaceted that it defies a generalizable rule or framework.

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History of The MP3

Unvalidated Learnings

As such, the history of the MP3 gives an excellent framework to anticipate how disruptive 10x innovations impact a market, and who the winners and losers of such breakthroughs will be. incumbents simply did not have the right teams to adapt to the changing environment. The MP3 is a perfect case study of Innovator’s Dilemma.

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The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

Our firm has had the good fortune to invest in many two-sided networks that used information aggregation, supplier aggregation, and user generated content to attract and inform consumers and resultantly disrupt and change different industries. Additionally, all of us that have been consumers of the U.S.

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