article thumbnail

Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

State Regulation In addition to federal laws, each State has its own regulatory environment that applies to businesses operating within the state in areas such as land-use , zoning, motor vehicles, state banking, building codes, public utilities, drug laws, etc. The tech ecosystem got a rude awakening in May 1998 when the U.S.

article thumbnail

Lessons Learned: Lean hiring tips

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, January 19, 2009 Lean hiring tips In preparing for the strategy series panel this week, I have been doing some thinking about costs. And all of that cost was caused by one activity: hiring. Hiring is no different from any other company process. Sounds a little abstract, though, doesnt it?

Lean 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How did Jeff Bezos scale Amazon without destroying its entrepreneurial culture?

Version One Ventures

But as a start-up scales, founders can’t have their hands in everything: many companies lose focus on the customer; decisions get bogged down; and there are hiring mistakes. Amazon ’s magic is that it’s a behemoth of a company that still operates like a founder-driven start-up in several key areas.

API 113
article thumbnail

Uh-oh! Do you have a “sitcom” startup?

Up and Running

in 1998 and eventually became Yahoo!Store. The UK has a similar scheme called Barclays Cycle Hire (affectionally dubbed Boris Bikes after London Mayor, Boris Johnson) which was started in 2010 with the aim of making journeys from point A to B shorter. In fact, the company has done so well that it now operates in 13 countries.

Startup 80
article thumbnail

Small business startup kit for 2007 – mostly free!

BeyondVC

As I started thinking about his question, I remember what it was like setting up our office in 1998 and the headaches and cost of buying a Nortel phone system and phones and hiring a Microsoft networking expert to get our office set up for file sharing, back up, and email. What a nightmare!

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. Carpe Diem.

Internet 334
article thumbnail

Father of 3D Printing Makes it Possible For Everyone To Paddle a Perception Brand Kayak

Hearpreneur

I founded Perception Kayaks in 1975 and eventually sold it in 1998. Owning and operating a business is very hard – but VERY rewarding. Hire people smarter than you and lean on their expertise. Now I teach forums and mentory as I am 69 and retirement is on the horizon. Anything else additional you want to tell our readers?