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🌐 Turning Corporate Venture Building into Growth

Corporate venture building is reshaping how CEOs tackle innovation. Companies are adopting venture-building strategies to create new revenue streams, future-proof their businesses, and respond to disruptive market shifts. McKinsey highlights how successful leaders embed this approach into their strategies to unlock growth and capitalize on emerging opportunities.

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🌐 Turning Corporate Venture Building into Growth

Corporate venture building is reshaping how CEOs tackle innovation. Companies are adopting venture-building strategies to create new revenue streams, future-proof their businesses, and respond to disruptive market shifts. McKinsey highlights how successful leaders embed this approach into their strategies to unlock growth and capitalize on emerging opportunities.

πŸ”— Source

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In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. Messages are not fully encrypted by default. That means the company could, in theory, access the content of the messages, or be forced to hand over the data at the request of a government. "There are a lot of things that Telegram could have been doing this whole time. And they know exactly what they are and they've chosen not to do them. That's why I don't trust them," she said. "He has to start being more proactive and to find a real solution to this situation, not stay in standby without interfering. It's a very irresponsible position from the owner of Telegram," she said. Such instructions could actually endanger people β€” citizens receive air strike warnings via smartphone alerts.
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