True Theory of Business

• True Theory of Corporations: What Business Schools Don’t Teach Business Administration.

  • Takeshi Nakano

• Amazon

• The vague image I had of Silicon Valley was destroyed by the data, and I began to wonder if “Silicon Valley” was a kind of buzzword. I start to feel like “Hey, was ‘Silicon Valley’ just a kind of buzzword?

• “Don’t you ever get angry when you hear people say, ‘Oh, you’re just a bureaucrat!‘” I saw the description “What? I checked the publication date: May 2017.

  • The author’s biography on the back of the cover does not include any biographical information after 2005.
  • Wikipedia would indicate that this is just my personal opinion, even though the current workplace is obvious.

• The style is to first pick up discourses in the world and then point out what is wrong with those claims with data.

  • I get the impression that the reader is on his/her own to create a zinthesis, since it provides an “antithesis” to the “thesis” of the world.

• Compact new book size, but conveniently clearly identified by more than 100 references.

• Venture Capital’s Connoisseurship Theory

  • Based on data showing that 80% of the 88 companies funded by the top 5 venture capital firms from 2011 to the first half of 2013, 70 of them were founders with board experience, connections, or education, “discernment is difficult.”
    • Focus: The Falsehood of the Silicon Valley Myth, The Key to Success is “Education and Connections”
    • I’d like to see more information on the “X or Y or Z” condition, because it tends to be too broad.
  • I have no evidence, but I have a feeling that I can be a connoisseur of some kind. - Can you spot innovative talent in advance?

• In 1952, when Minsky was a student, Bell Labs told him, “Don’t get involved in research that won’t take 30 years.”

---

This page is auto-translated from /nishio/真説・企業論 using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. I’m very happy to spread my thought to non-Japanese readers.