article thumbnail

Shark Tank Season 4 week 4 breakdown

Lightspeed Venture Partners

The first company started as a BBQ catering business, and eventually focused in on their most popular product, a dip made of blended up chicken plus various sauces. At this point, the very pregnant cofounder was weeping. The cofounder was charismatic and persuasive and asking for $85k for 12% of the company.

article thumbnail

Twitter Link Roundup #176 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Empower Your Small Business: trust & loyalty, marketing insight, lean business – [link]. Always use data, not feelings, to make business decisions – [link]. 3 Biggest Mistakes When Choosing a Cofounder – [link]. 3 Biggest Mistakes When Choosing a Cofounder – [link].

article thumbnail

How to Start a Startup

www.paulgraham.com

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105