Acquisition Burn Rate Hiring Technical Review 
Mucker Lab
MAY 28, 2020
Compass.co, a benchmarking and research service, analyzed 3,200 internet startups and found that 74 percent “fail due to premature scaling.” These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Hire the wrong people.
Both Sides of the Table
NOVEMBER 3, 2009
and the subsequent acquisition sprees of companies like Google, Yahoo!, The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be. Usually in a tech / software startup 70-80% of your costs will be people. How many people will you hire in the first 24 months and in which sequence.
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Startup Lessons Learned
MAY 15, 2020
It's never selfish to hire. We reviewed the story of The Diary of Anne Frank and what she went through. The customer acquisition costs are going down. I said, "Hire people. Hire them to do whatever you can find them to do." So anything you can do to keep them hired, you just improved their sanity.
techcrunch.com
FEBRUARY 26, 2013
He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. I often say I have a larger collection of personal mistakes than most people in the venture business.
www.paulgraham.com
APRIL 28, 2010
I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. Angels whove made money in technology are preferable,for two reasons: they understand your situation, and theyre asource of contacts and advice.
Startup Lessons Learned
JANUARY 30, 2009
Hire the absolute best and the brightest, true experts in their fields, who in turn can hire the smartest people possible to staff their departments. Build a world-class technology platform, with patent-pending algorithms and the ability to scale to millions of simultaneous users. Ship it when its done, not a moment before.
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