Most venture capital firms fail because they aim for smart and don’t manage a portfolio big enough. This is what corporate need also to learn when playing with startups. If you seek breakthrough innovation it will catch you by surprise, not with selected smart business plans. Related posts: Why Startups Fail Fail Fast: Beyond the buzz 1/4 Are we still learning anything new about startups or are we just pretending from now on? Dark kitchens: from software to physical cloud Should startups public funding be randomly distributed? If you’re selling mattresses online, are you a startup? Philippe Méda Philippe has worked with hundreds of startups since 2007, consulted for dozens of multinationals on rupture innovation and corporate incubation. He also teaches innovation in key MBA programs in Paris and Shanghai.