Gust
JUNE 19, 2012
Blog. Thoughts on startups by investors that fund them & entrepreneurs that run them. Subscribe by email. RSS Feed. Invested Interests. Who Makes the Money on an Inevitable Shoe Dropping? Last weekend I caught Mashable announcing that Ebook Sales Surpass Hardcover in the U.S. , something I’ve expected since I first bought a Rocket ebook reader about 10 years.
Gust
JULY 15, 2012
Every startup faces a myriad of challenges that are well beyond the scope of any founder, so you need a few guiding lights to illuminate the road ahead. These should be carefully selected, with a proven track record, willing and available to help, and be completely trustworthy. Make sure they are willing to check their egos at the door. Let’s talk specifics.
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Gust
NOVEMBER 8, 2012
As I write this, days after the 2012 presidential election, I’m probably not alone in feeling relieved that the political jeering and soapboxing that reached a feverish pitch during the seemingly endless campaign season has finally subsided. Yet amidst all the partisan cheerleading and name-calling, there has been some discussion of substance.
Gust
AUGUST 22, 2012
At the threshold of one of the most recognizable landmarks in human history — the sole survivor among the Seven Wonders of the Ancient World , dating back nearly five thousand years — my host was engaged in heated debate with a rotating phalanx of functionaries. As our group sweltered in the July heat on the outskirts of Cairo , each of these purported minions of the state — none of whom wore a uniform or badge — in turn blocked our entry, determined to exercise the modest amount of authority b
Gust
JUNE 17, 2012
Money to build the business is the number one challenge for most startups. Don’t believe the urban myth that you can sketch your idea on a napkin, and professional investors will throw money at you. In reality, only 3 out of 100 companies who apply are successful with Angels, and the success rate with VCs is even lower. A large percentage of startups never apply to either.
Gust
SEPTEMBER 16, 2012
Steve Forbes image via Wikipedia. Presenting your startup vision as a founder to a potential investor, or presenting an idea as an employee to an executive, requires that you effectively communicate, or “translate”, the value proposition into terms that the receiver can fully understand and appreciate. If you fail, it’s your loss, not theirs, no matter what the reason.
Gust
JUNE 5, 2012
Nothing tells a truth better than a good story. Especially when it’s true. Read Mark Suster’s Never Negotiate Piecemeal. Here’s Why on his Both Sides of the Table blog for a good read and a good lesson. He tells the story of his baptism by fire in startup-dom, a series of negotiations including office rent, sublet, getting people on board, getting the media to care, dealing with recruiters, dealing with the tech prima donnas, and (a favorite of many) “dealing with pesky VCs.&
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