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A heartbreaking story about time and money.

Berkonomics

But first… There is a relationship between time and money that is more complex than most managers think. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. The art of good management. How about young or pre-revenue companies?

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How’s Venture Capital Changing in 2023

VC Cafe

By contrast, they backed 620 funds in the last three months of 2021 First time fund managers hit hard: In 2022, limited partners backed 141 funds run by first-time managers, a 59% decline from the prior year and the lowest number since 2013 How does the constrained LP environment manifest for funds and startups?

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Wasted time is money lost.

Berkonomics

There is a relationship between time and money that is more complex than most managers think. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. I have one story that remains as vivid in my mind as when it happened several years ago.

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Wasted time is money lost. (And another story of lost opportunity.)

Berkonomics

There is a relationship between time and money that is more complex than most managers think. What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn.

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Twitter Link Roundup #178 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

What Steve Jobs Can Teach Us About Management and Leadership – [link]. Defending the Brash Arrogance of Silicon Valley | by Mike Greenfield – [link]. What Steve Jobs Can Teach Us About Management and Leadership – [link]. The Damaging Psychology of Down Rounds | by Mark Suster – [link].

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Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) Lean Startups aren’t Cheap Startups « Steve Blank (tags: startup product-management strategy) [.] Reply Leave a Reply Click here to cancel reply.

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What I *Would Have* Said at TechCrunch Disrupt

Both Sides of the Table

You have an open source stack, cloud services for storage, processing & management and APIs for just about anything you want. These days that’s not the case and it’s a great outcome for entrepreneurs and for innovation. .&# Either you’re an angel or you manage professional funds. We all know that.