Why Big Organizations Struggle to Innovate | Naor Caspi (Fresh Fund)

<p>In this episode, I sit down with <strong>Naor Caspi from Fresh Fund</strong> to talk about a career spent moving between government, large corporations, startups, and venture capital — and what each side gets wrong about innovation.</p><p>We discuss what it actually takes to build an innovation team inside a large organization, and how you get companies that have become slower over time to work with startups and new technologies.</p><p>For Naor, innovation isn’t about running an accelerator or collecting interesting technologies. It needs to create value: <strong>generate new revenue, reduce costs, improve existing operations, or help an organization move faster.</strong></p><p>We also get into the transition from government to the private sector, what October 7 changed in his thinking about technology and adoption, and how those lessons now influence the companies he works with and invests in.</p><p><strong>In this episode:</strong></p><ul><li>What government taught Naor that he brought into the private sector</li><li>How to build an innovation team inside a large organization</li><li>The three things you cannot lead innovation without</li><li>Why large companies struggle to adopt startup technology</li><li>How innovation should connect to revenue, cost savings, and speed</li><li>What October 7 changed about the way technologies reach end users</li><li>Where technical diligence belongs in early-stage investing</li><li>Whether AI can actually replace parts of an analyst’s job</li><li>What Naor looks for when evaluating early-stage defense technology</li></ul><p>A conversation about what happens when innovation has to move beyond presentations and actually work inside organizations.</p>