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I'll just note that a startup of 10 - 100 people that raised $300M over 3-4 years would be a big deal.

Innovation isn't about ideas, its about finding ways to execute against those ideas in a way that others haven't or ideally can't.




Sure, but important difference is that 10-100 people startup that raised $300m behaves way differently than an internal department of a major tech firm that has decided to invest into a side project: authority to make decisions, willingness to take on risk, speed of innovation - everything is very different between the two.


Cisco and it's spinning out approach comes to mind.

They probably got this right.

Amazon is another company that is innovating disruptively despite it's size.


I think your definition of innovation makes sense only in the context of corporate or SV innovation.

In a more general context, innovation takes on the other meaning.




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