The Bell-Mason Model and Diagnostic for high tech startups: basic problem

• new ventures are often characterized by:

  • new group of people working together to create
  • new technology for
  • new products that have
  • new applications that are distributed through
  • new channels of distribution to
  • new customers

• requires capital, skill, hard work, patience, & luck

• It’s risky…but it is done efficiently and effectively,and the rewards can be very high!

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The BMD is a space-time model, looking at each aspect of a venture.

Stages: can measure transition times to within a week

Quantification: doesn't ask how you got there, it asks whether you did