Norman Winarsky was president of SRI Ventures at SRI International, a world-renowned research institute. He cofounded and led SRI's venture strategy and process, which has resulted in more than sixty ventures worth over $20 billion, including companies such as Nuance, Intuitive Surgical, and Siri.
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Silicon Valley's latest trend for creating new ventures is based on trial and error: test market needs with new product concepts and a minimum amount of capital, expect that the product may not meet the market need, so fail fast and try another product wi... SEE MORE