As we open up the week in which we’ll launch the Thinc Iowa website, I’ve chosen a Sunday Video that aligns with the goal of the conference: explore the common ground between corporations and startups.
One such example of that exploration is a recent presentation from Geoffrey Moore in Standford’s Entrepreneurial Thought Leaders Lecture Series. In his hour-long talk, “Reach Your Escape Velocity,” Moore, a best-selling author and partner at Mohr Davidow Ventures, looks at how companies can build the escape velocity necessary to move beyond the successes and failures of the past, and with that in mind, he argues that when companies focus too much on performance, they miss out on building power.
“Netflix is a CD distributor. Not so. Mr. Hoffman is still the scourge of the media industry. He is Conan the Barbarian,” Moore said. He added: “When Netflix came out, Blockbuster just stood there like a deer in the headlights and charged more for late stuff.”
To view the four-minute selection of Moore’s lecture that features above quote, check out the video below, “Neutralizing Competition is a Speed Game.” To view Moore’s full hour-long talk, visit ecorner.standford.edu.