Startup Lessons Learned

MARCH 3, 2009

Lessons Learned by Eric Ries Tuesday, March 3, 2009 Employees should be masters of their own time Every startup should have a culture of learning. The rule is simple: every employee is 100% responsible for how they spend their time. The suggestion is that you implement one single company-wide rule. I asked why.

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Employee San Francisco Lean Software Review 146

SoCal CTO

NOVEMBER 1, 2010

And let’s be honest, most employees, advisors, etc. In a few cases it’s where I’m a co-founder of the business. For me to do either of these, I certainly need to really believe in the idea and it has to be something that won’t consume all of my time. who start with small equity percentages don’t end up making very much from startups.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

Agile VC

APRIL 17, 2011

In 2010 I deconstructed the filings for GameFly and Quinstreet. GameFly filed in 2010 and remains in registration, though 2011 has seen a positive start for VC-backed IPOs with 14 in Q1 2011. Filing Date: initial S-1 filed Nov 17, 2010 , updated March 9, 2011. Financial Snapshot: 2010 Revenue: $170 million.

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Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

YoungUpstarts

DECEMBER 17, 2017

There is nothing more important for the long-term health and success of your business than to ensure you have the right employees to help you succeed. Retaining good employees alone is not enough, a good leader needs to learn how to engage with their best employees by nurturing, motivating, recognising and rewarding them.

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Employee Bandwidth Leadership Hiring 145

YoungUpstarts

AUGUST 30, 2016

Our little business grew from four employees to over 30. In 2010, the “we did it” moment arrived. com for over $10 million on December 2, 2010. We received an offer from McAfee to acquire our 11-year-old company. After months of due diligence and reviewing hundreds of pages of contracts, McAfee acquired InternetSafety.

Software Review 188

Software Review Technical Review Due Diligence Startup 188

www.avc.com

SEPTEMBER 22, 2011

Nov 22 , 2010. Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. The third bracket are employees who are in the key functions like engineering, product, marketing, etc.

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Equity Employee CTO Hire Fractional CTO 64

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? This answer. Please specify the necessary improvements. is lowered.

Equity 40

Equity Employee Founder Cofounder 40

YoungUpstarts

JANUARY 17, 2019

In 2010, 42% of fraud cases occurred in privately held companies, according to the Association of Fraud Examiners. The majority of those cases involved companies with fewer than 100 employees. Pay Attention to Employee Behavior. If you notice changes in an employee’s behavior, don’t ignore it. Investigate.

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Employee Minnesota Startup Software 127

crowdSPRING Blog

FEBRUARY 28, 2011

For businesses looking to hire a new employee, there are a number of practical things you can do, but also some adjustments in outlook which will help a great deal in finding that perfect someone. the likelihood of an increased salary for the new employee, and the costs of benefits and fringes associated with the new employee.

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Hiring Employee Harvest Salary 99

Steve Blank

JUNE 11, 2009

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. If you’re unsure, you’ve just decided.)

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Cofounder Founder Silicon Valley Technical Cofounder 229

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Employees. Office Space. Virtual Office. CEO 5 - 10.

Equity 62

Equity Employee Founder CTO Hire 62

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. We’re less than 8 years old so you can do the math on growth rates and figure out that we’re on an elite trajectory.

Engineer 152

Engineer Revenue San Francisco Security 152

Steve Blank

AUGUST 31, 2009

The responsibility for validating the founders original hypotheses is delegated to employees – the sales and marketing team. I have experienced the same broken model at the last start-up I worked at (my last job as an employee, I have gone independent since and live to thank this move!). 28, 2010 ??: ??? ?? ??: ?? [.]

Customer Development 243

Customer Development Developer Customer Silicon Valley 243

Steve Blank

OCTOBER 8, 2009

I was mortified with the dressing down in front of my friends as well as new employees I barely knew. Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:39 am Said: [.] Reply A Deadline « Two Sixes Blog , on May 16, 2010 at 12:34 pm Said: [.]

Silicon Valley 282

Silicon Valley RSS Customer Development California 282

SoCal CTO

SEPTEMBER 8, 2010

This continues my series of posts: Top 30 Startup Posts for July 2010 Top 30 Startup Posts in June 2010 Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March Here they are: How to Minimize Politics in Your Company - Ben's Blog , August 24, 2010 “Who the f@#k you think you f$&kin’ with.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

YoungUpstarts

SEPTEMBER 7, 2017

Managing employee schedules and their method of clocking in and out has grown easier and more reliable this year. Below are two leading choices in employee time clock technology: When I Work. When I Work, a company headquartered in Minneapolis, Minnesota, is fast growing employee management application founded in 2010.

Employee 100

Employee Management Minneapolis Minnesota 100

YoungUpstarts

APRIL 19, 2012

Managers ignore employees’ motivation at their own peril. Unfortunately, incorrect assumptions about motivating employees perpetuate the problem. Companies should recognize that their employees desire the same treatment regarding motivation. Making progress is not very important to employees.

Employee 221

Employee Non-Compete Singapore Management 221

Startup Professionals Musings

SEPTEMBER 15, 2021

To legally facilitate startups who want to give top priority to socially conscious solutions, thirty-five states, starting with Maryland way back in 2010, have passed legislation allowing incorporation as a Benefit Corporation (B-Corp). Employees tend to stay longer with the organization, reducing the costs of recruitment and retraining.

Vermont 373

Vermont Maryland Startup California 373

Women Entrepreneurs Can

AUGUST 17, 2021

It is approximately double of the cases reported in 2010. Educate Your Employees. First things first, you need to educate your employees about cybersecurity. So, you must keep your employees updated with the latest incidents of the data breach. Believe it or not, but it can help in reducing the threat to a great extent.

Small Business 52

Small Business Security Cloud Technical Review 52

Board Effect

MAY 5, 2021

Local associations of employees. The criteria for local associations of employees include: They must be local. Members are limited to employees of a designated employer within a particular location. In 2010, the Supreme Court allowed corporations and labor unions to register as 501(c)(4). 501(c)(13) Cemetery companies.

Software Review 98

Software Review Government Community Architecture 98

The Startup Magazine

SEPTEMBER 21, 2020

By providing our employees with an encouraging and positive environment we are able to create tech-based solutions for the development of people. This responsibility lies in the hands of our leadership, as we believe in providing guidance to our employees in order to achieve our vision and mission.

Leadership 167

Leadership Founder Technical Review Entrepreneur 167

Steve Blank

APRIL 10, 2009

An irreversible decision is firing an employee, launching your product, a five-year lease for an expensive new building, etc. Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] If the decision was a bad call you can unwind it in a reasonable period of time.

Silicon Valley 305

Silicon Valley RSS Startup Agile 305

Steve Blank

NOVEMBER 30, 2009

Deena , on July 19, 2010 at 8:27 pm Said: Mark – thanks for the awesome summary of the grey areas with customer development. steveblank , on September 7, 2010 at 11:00 pm Said: Mark, You’ve just listed the reasons why startups are not done by accountants with spreadsheets. It’s an art.

Customer Development 283

Customer Development Developer Customer Silicon Valley 283

Austin Startup

OCTOBER 7, 2020

With boots on the ground in Austin, Dallas and Houston, we meet the best entrepreneurs in Texas and introduce them to their first investors, employees, mentors and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2010 (excluding angel networks).

Austin 68

Austin Cofounder Texas Houston 68

YoungUpstarts

NOVEMBER 23, 2011

The video is put together with the findings from a survey by global human resource and financial consultancy firm Mercer , which was conducted among nearly 30,000 employees in 17 markets worldwide from Q4 2010 to Q2 2011.

Video 171

Video Employee Global Marketing 171

Steve Blank

MAY 15, 2009

We need our own cafeteria so employees don’t have to leave the building. The new building telegraphed to our employees, “We’ve arrived. It’s natural for a company (and an individual employee) to take less risks once they have assets to protect. Perhaps it is better to shed employees instead, virtualize and outsource?

Silicon Valley 226

Silicon Valley RSS Lean Agile 226

SoCal CTO

JULY 13, 2010

This continues my series of posts: Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March There was some really great content in June. " 8 Questions to Ask When Interviewing at a Startup - Instigator Blog , June 18, 2010 Job interviews are meant to be conversations. Now I have.

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Cofounder Technical Cofounder Term Sheet Startup 175

The Startup Magazine

JANUARY 4, 2023

Chicago Council on Global Affairs 2010 Emerging Leaders Program Selection. These were primarily attended by Latina employees. Diversity MBA Magazine Top 100 Under 50 Executive Leader and Top 100 Women of Influence. University of Illinois at Chicago’s College of Business Administration Alumni Leadership Academy Inductee.

Founder 158

Founder Chicago Illinois Community 158

Steve Blank

OCTOBER 10, 2011

In 2010 it got worse with an Act in parliament about the Monitoring of Foreigners’ Corporate Acquisitions. You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. Instead the business press dumped on the founders for “selling out.”

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Finland Naming Russia Government 330

David Teten

NOVEMBER 26, 2019

“Consider ThedaCare , a healthcare system in Wisconsin, which eliminated its budgeting process in 2010. With four hospitals, 22 physician locations, and over 5,000 employees, ThedaCare managers spent 10,000 hours a year to build their budget, and another 10,000 hours to explain, manage, and argue about it.

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Agile Management Forecast Silicon Valley 60

VC Cafe

JUNE 1, 2011

rise in the last quarter of 2010 and a 4.8% Israel was also ranked 17th in 2010. Since October 2010, the company acquired semiconductor developer Provigent for $340 million in March 2011, image processing company Sightic Vista for $15 million in November 2010, and Percello Ltd. for about $98 million in October 2010.

Switzerland 79

Switzerland Japan Technical Review 79

Steve Blank

APRIL 9, 2009

Department Mission Statements – What am I Supposed to Do Today It wasn’t that we somehow had inherited dumb employees. The idea of intention is that if employees understand the thinking behind the mission, they can work collaboratively to achieve it. Titles are not the same as what your job is. This is a big idea.

Silicon Valley 268

Silicon Valley Technical Review RSS PR 268

ReadWriteStart

OCTOBER 22, 2019

These people may be permanent employees, or they may work on a project-by-project basis, but they are managed very much as if they’re working right alongside you. ” What’s impressive about Toni’s quote is that he wrote it back in 2010. Hiring local talent will force you to pay more than you can afford.

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Distribution San Francisco Silicon Valley El Salvador 117

Hearpreneur

JANUARY 7, 2022

This eventually creates animosity and is the worst type of employee to have. I never desired to be that employee, and hence chose to implement my own ideas and do things my own. Since I began in 2010, there have been ups and downs, but I wouldn't have it any other way. Then they decided to fire all of the high-paid employees.

Entrepreneur 118

Entrepreneur Technical Review Software Review Non-Compete 118

This is going to be BIG.

NOVEMBER 21, 2021

There were about ten indie coworkers from the original community and ten employees of this startup. What we realized was that while our coworking crew all self-selected to join this communal space, the employees of this startup were just kind of dragged along by the founder and told to work here.

Community 104

Community Engineer Cofounder Capital Gains 104

YoungUpstarts

MAY 13, 2014

In 2010, Diapers.com brought in an estimated $300 million in revenue. It began to level out my former client’s customer base and even absorbed a few of its employees who were looking for better opportunities. Marc Lore and Vinit Bharara did just that with Diapers.com. Know Your Total Addressable Market.

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Pennsylvania Retention Differentiation Reputation 224

YoungUpstarts

JULY 14, 2015

Many of our employees came to us by way of candid conversations we had at conferences, round tables and other interactions. A bad fit goes beyond an employee and their immediate supervisor, it can encompass an entire company, hinder growth and block employee engagement with the mission.

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Startup Agile Sales Conversion 100