book: There Is Good Money and There Is Bad Money | Clayton M. Christensen, Michael E. Raynor

book: There Is Good Money and There Is Bad Money | Clayton M. Christensen, Michael E. Raynor

books:

There Is Good Mone...

	There Is Good Money and There Is Bad Money Clayton M. Christensen, Michael E. Raynor Harvard Business School Press, 2003 - 33 pages view larger image
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The type of investment capital that corporate executives provide to new-growth businesses and the type of capital that managers accept represent fundamental early choices because they define investor expectations. According to the authors, the best money during the nascent years of a business is patient for growth but impatient for profit. This chapter will help corporate executives understand why this type of money tends to facilitate success while examining why the other type of capital--impatient for growth but patient for profit--is likely to condemn innovators if invested at the early stages.

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