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The Midas List Then and Now

View from Seed

In a few months, we are likely to see the annual Forbes Midas list of top performing early stage VC investors. Interestingly, it looks like the Midas List skipped 2010 and changed methodologies considerably in 2011, so you’d need to wait until 2021 to do a true look back.

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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

In 2010 it got worse with an Act in parliament about the Monitoring of Foreigners’ Corporate Acquisitions. They’ve stopped hiring the best talent, and startups are not looking so risky compared to large companies. Instead the business press dumped on the founders for “selling out.” Nanny-Culture, Lack of Risk Taking, Not Sharing.

Finland 327
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. I think Customer Development (iterative model) helps by putting a strong thought in the mind (at a very early stage) that you could be wrong unless the customer agrees; this helps the mind to be more receptive. innovation.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). Following is his advice to early stage entrepreneurs for creating structure in their company.

Burn Rate 152
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Convergent Technologies: War Story 1 – Selling with Sports Scores.

Steve Blank

If you hire a VP of Sales with the idea that they can do customer discovery you violated the first principle of Customer Development – this isn’t a step the can be outsourced to a non-founder. Hiring a VP of Sales in customer discovery typically sets a startup back. However, your product itself will be doing a lot of the selling.

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Congratulations to Upwork

A Crowded Space

Mistakes of Hiring Like most founding employees, people tend to ask me what lessons I learned throughout my tenure at the company (hence, this post). While it may seem obvious, I can say that hiring mistakes are what taught me the most. I hired a lot of people in a short amount of time and consequently made many mistakes.

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How to Hire for Sweat Equity…

www.drowningamerican.com

Next → How to Hire for Sweat Equity…. Here is the original post: Early Stage Web Application Start-Up Seeking Developer/Designer. We’ve consulted and implemented projects for companies from Fortune 100 firms to small (successful) startups. • $50,000/year salary once we obtain funding (target: January, 2010).