In Silicon Valley, pillar companies like Apple, Google, Facebook and Oracle help start-ups in three ways: They serve as early-adopter customers; They provide capital, from seed to exit; and they supply talented executives, engineers, and sales people. In Cambridge, Harvard Business School Senior Lecturer Jeff Bussgang explained in a July 5 interview that he sees General Electric and iRobot as pillar companies in the Internet of Things and robotics, respectively.
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