Why High Internet Valuation misguides the Entrepreneur Focus

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Entrepreneurship is booming around the world. This decade will witness most start-up firms ever in the history of mankind. The balance of economy among large gigantic firms and small / growing millions of start-ups challenging them will shift dramatically and there would be winners and losers at the end. Time will tell what’s the right equilibrium of balance across the types of firms (large / small) in corporate sector as a sustainable model. The start-ups really help solve variety of problems, bring innovation and efficiencies in our lives for better; these things are generally hard to come by from large firms as they tend to be poor at innovation, very slow to move, and rarely pro-actively improve the market dynamics. […]