How to discern the potential of a start-up

March 31, 2011, 19:00 lecture

On March 31, in Digital October Center took place a lecture by Richard Kivel - one of the best innovative managers in the world.

He spoke about commercializing the technology, evaluating international potential of a start-up, searching partners abroad and creating effective innovative ecosystem. All of the above was complemented by examples of successes and failures from entrepreneurship contest MIT 100K.


Richard Kivel participated in creating several successful companies in IT and life sciences. He is a President of MIT Enterprise Forum, Senior Professor of the Sloan School of Management and he was included in "40 under 40" list (40 the most successful people in USA in the age under 40) because of a number of successfully launched biotechnological startups.

Currently Richard is a chairman of the board and CEO of Rhapsody Biologics, a company with offices in USA and Singapore specializing on vaccine development.

Richard frequently gives lectures at MIT and serves for the committee of MIT 100K entrepreneurship contest. Thus he has a lot of real examples how contest winners often do not become a super company, while "undervalued" contestants turn out to be quite successful.


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