The startup playbook for partnering with big business

Corporations are desperate to overhaul their culture and the perception that they are giant, bureaucratic dinosaurs too slow to react in a rapidly changing business landscape. Many are trying to be more innovative and agile, like a startup. One easy way to achieve this goal is through partnering with or acquiring a startup. Corporate venture capital (CVC) now makes up 25 percent (~$18 billion) of all venture capital dollars in North America.

The Startup Gold Mine reveals how the world’s largest and most prestigious brands make innovation decisions, including new product launches, vendor-startup partnerships, and even billion-dollar acquisitions. The book also details the ways startups can leverage corporate strengths and weaknesses for mutual benefit. Listeners will learn:

• Why the “innovator’s dilemma” is leading large companies to seek out partnerships with startups
• How to close a deal with a large company, from first connection to getting paid
• Strategies to troubleshoot common land mines that startups encounter when working with large companies
• Ways to navigate the convoluted corporate landscape without spending a fortune on conferences and consultants.

Author Neil Soni draws on his experience as an entrepreneur and as an external innovator with premier brands like Estée Lauder, MAC, and Smashbox to reveal large companies’ inner workings, as well as how startup founders and employees can use this knowledge to close the biggest deals of their lives.

Charts and interview transcripts available in the audiobook companion PDF download.

Praise for The Startup Gold Mine:

“A really useful guide for startup founders and big company executives alike. Packed with practical steps and common mistakes, this book is one to read attentively and keep handy for future referencing.” (Maria Thomas, former Etsy CEO, SmartThings CMO)

“The Startup Gold Mine is THE playbook for getting your startup-corporate deals across the finish line. Every founder needs to read this!” (Justin Mares, founder of Kettle & Fire, coauthor of Traction)

“A productive relationship with the right corporate partner can unlock years of growth for a startup. On the other hand, there are numerous pitfalls along the way that can have you running in circles. The principles in The Startup Gold Mine give founders the proper framework to navigate the startup-corporate intersection to get their deal done.” (Sean Ammirati, partner at Birchmere Ventures, author of The Science of Growth)

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.