INNOVATION& | Better Strategic Decisions Under Uncertainty

INNOVATION& | Better Strategic Decisions Under Uncertainty

Why Business Model Validation Must Test the Whole System

Yetvart Artinyan's avatar
Yetvart Artinyan
Mar 09, 2026
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Leaders know how established companies work. Specialists own their domains, management orchestrates the whole, and the system is stable enough that responsibilities can be cleanly separated. That logic collapses the moment you enter a new venture.

A venture is not a company.
It is a hypothesis of a business idea.
A bundle of assumptions pretending to be a …

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