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To innovate or iterate, trying to define real innovation

man thinking

Christian Miele,  vice president at e.ventures, argues that the global startup ecosystem is not real innovation but in fact an iteration.

In the last ten years or so the global startup ecosystem has flourished to the point that almost every industry has found itself challenged, changed and on the whole, improved.

In this time the world has seen the likes of Google, Facebook and Amazon go from the ‘cool, tech disruptors’, to the ubiquitous monoliths of business.

Microsoft’s recent acquisition of LinkedIn for a phenomenal $26.2bn cash, just goes to show the rewards on offer for those who achieve something good in the technology space.

Raised stakes

Supported by some of the largest volumes of venture capital ever committed, smaller startups have been really leading the way ahead of big business in driving innovation forward....