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Leaving Government for the Private Sector – Part 2

Steve Blank

At first many start-ups hire a lobbying firm. Larger companies hiring a Chief of Staff often look for someone who has an MBA, experience with one of the big consulting firms, or experience doing the job already. They can vote to hire and fire the CEO. A Board of Directors has a formal and legal role. Know your appetite for risk.

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Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

Bill’s closing line, “The reason why Silicon Valley is so successful is that it’s so fxxxng far away from Washington” received great applause. Tech Companies Use Regulatory Capture In my first two decades inside the Silicon Valley bubble we built products people wanted and needed. Get outside advice at each step.

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Should Early Stage Startups Move to Austin because of Customers?

Austin Startup

It follows up on my posts discussing why early stage startups should — or should not — move to Silicon Valley. Should Early Stage Startups Move to Austin because of Customers? Early adopters, especially those who are willing to pay for novel services, are the lifeblood of lean startups.

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How to Configure Your Startup Team

Both Sides of the Table

I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. But not anal if one founder who shares equity graciously with early employees who are treated as “co-founders” My idea startup team is heaving on tech personnel but also has strong product management.

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How Early-Stage Startups Can Utilize the SVB Collapse as a Wake-Up Call

The Startup Magazine

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As an early-stage company that just closed our seed round at $8.1 That includes us.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

For decades large companies have gone shopping in Silicon Valley for startups. Silicon Valley – a Corporate Innovation Candy Store. Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation.

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Are You A Necessity Entrepreneur? Ask These 7 Questions

YoungUpstarts

Our families — and the families of the employees we eventually hire—come first. Yet, especially in the early stages of your business, you will have to drive the whole of that process. Along the way, that may mean more financial freedom, fame, and even luxury, but those are pleasant bonuses rather than goals themselves.