September, 2013

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If you Can’t Make Time, MakeSpace

Both Sides of the Table

'If you Can’t Make Time, MakeSpace. A few months ago I wrote about an entrepreneur, Sam Rosen, whom we brought on as an EIR at Upfront Ventures. I would have liked to have been even more Upfront with you back then about our intentions with Sam but out of respect to him we held back on our broader thesis until now. Today we announced our launch. Here’s the deal.

San Diego 340
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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

'Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is “ Lessons Learned ” – about product/market fit, pricing, acquisition/activation costs, pricing, partners, etc.

Lean 315
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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

'Every investor expects to see some business traction, both before and after a funding event. If you have been working 20 hours a day, and spent your last dollar, but have no results to show, investors will be sympathetic, but will probably tell you that your dream doesn’t have wheels. Traction means forward progress. I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start.

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5 Things You Should Know Before Hiring A Development Shop

YoungUpstarts

'by Stella Fayman, CEO and cofounder of matchist. You’ve decided to hire a development shop to build an MVP , give your product a facelift, or build that mobile app you’ve been wanting to build for years. If this is your first time hiring a dev shop, it can be confusing understanding the difference between competitors. However, you’ll be spending a lot of money on developing your product, so it’s important to take time to research and interview the firms that interest you.

Developer 203
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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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30 tips for avoiding startup failure, from successful founders

The Next Web

'Toying around with the idea of starting a company? Worried about things that may go wrong or making the wrong decisions? Did you just start a company but are concerned about how you are doing things? You are not alone, and you definitely are not in unchartered waters. There are not only many thousands of people just like you who are working on starting their own company or have just launched their company, but there have been thousands of people who were once in your shoes who’ve gone on to gro

Cofounder 164
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Selling to the enterprise: “Sell to few” vs. “sell to many”?

Version One Ventures

'A key investment thesis here at Version One is that we like to invest in companies that “sell to many” over companies that “sell to few.” This preference isn’t necessarily due to market size, but rather the structure of the market: are there only a few dozen customers that might buy your product or are there thousands, or even tens of thousands of potential customers?

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The Air Force Academy Gets Lean

Steve Blank

'I can always tell when one of my students has been in the military. They’re focused, they’re world-wise past their years, and they don’t break a sweat in the fast pace and chaotic nature of the class and entrepreneurship. Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree.

Lean 262
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Don’t Be Fooled By All The Hype For Crowd Funding

Startup Professionals Musings

'The new hot topic for entrepreneurs the last couple of years is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. The problem is that crowd funding means something different to everyone, and even I have been confused by the different ways the term gets used.

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[Review] Startup Rising

YoungUpstarts

'While the world has over the past few years been riveted on the revolutionary civil uprising that’s been taking the Middle East by storm called the Arab Spring, there’s been a far more silent – and likely as important – revolution taking place there that might ultimately do more to change the face of that region. Where there’s been the overthrowing of governments, mass protests and even outright civil war, there’s… entrepreneurship. “ Startup Risi

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Why outsourcing innovation is going to be big for the tech industry and beyond

The Next Web

'Paul Jozefak, co-founder and managing director of innovation laboratory Liquid Labs , argues that outsourcing innovation will become a mainstream business practice and a key driver of growth, specifically in the tech sector. While he clearly has a business interest in companies outsourcing their innovation, we feel it’s an argument worth noting. Innovation within large corporations is often slow and ineffective.

Matching 152
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It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

'I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Most startups fail. Not because they have a conversion problem but because they never really nail the product or how to market it. The product or website (be it software, e-commerce, or a service) might be awesome , but if it puts itself in front of the wrong market, or packages itself so the right market can’t figure out why it’s awesome, the startup will fail.

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Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

'If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” From the hyperbolic Jason Calacanis weighing in that “The petty VC’s did everything to deride [Naval, the co-founder of AngelList]” as though the industry was collectively s g its pants that AngelList was going to put us out of business.

Syndicate 356
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3 Tips to Build the Right Team for Your Small Business

Up and Running

'Sixty percent of small business owners and managers say their biggest human resources challenge is finding skilled talent. Heavy competition for workers with specialized skills doubles the difficulty budget crunches impose on recruiters. Some companies with deep pockets are offering generous transition packages to lure workers away from competitors.

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Get Your FAAAC On!

Feld Thoughts

'Last week, in the midst of Denver Startup Week, we had a full day Foundry Group Exec conference. Ben Deda from FullContact convened about 100 execs from our 60 or so portfolio companies for the day. We had seven topics of one hour each, led by a different set of execs. The result was an incredible range of discussions across an amazing group of people.

Agile 153
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Eight Accounting Tips For The Aspiring Entrepreneur

YoungUpstarts

'By Mark James, Crunch. Behind every successful entrepreneur is an excellent accountant – a natural number cruncher carrying a passion for payroll. With their assorted accountancy knowledge they help keep businesses afloat, but unfortunately like everything in life their expertise comes at price. As such, as an aspiring entrepreneur you’re probably struggling to afford one, their yearly or monthly fees impacting significantly on your cash flow.

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How to manage technical and creative people when you’re in-between the two

The Next Web

'Christian Jurinka is Chief Engagement Officer and Co-founder of Attack! Marketing , a multi-channel lifestyle agency specializing in experiential and promotional services. As tech seeps deeper into our work and the digital and real worlds combine, a whole new demand is rising for people who can bridge the ‘in-between’ space – a place that straddles both creativity and technology, and takes two very distinct areas of expertise and melds them together.

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How To Do Conversion Optimization With Very Little Traffic?

ConversionXL

'“ I have too little traffic to test; hence, I can’t do conversion optimization. ” I’ve heard this a lot. B t , I say. You can do conversion optimization on any website – even on sites that have so little traffic that a split test would take 2 years to run until statistical significance is reached. You might not be able to run tests, but you can still optimize.

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PayPup Wins PayPal’s Battle Hack in Austin

SiliconHills

'By LAURA LOREK Founder of Silicon Hills News Jeff Lindwood, a software developer with Biscotti Labs, loves dogs. He and his wife even adopted one from the Austin Pets Alive shelter. But helping one dog wasn’t enough, he said. He wanted to do more, but he couldn’t adopt any more dogs. That’s where he got […] The post PayPup Wins PayPal’s Battle Hack in Austin appeared first on SiliconHills.

Austin 97
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The Hitchhiker’s Guide to the Boston Tech Community (Fall 2013 Edition)

Rob Go

'Labor Day is over, time to get to work! Summer is always the time when large numbers of new participants in the tech ecosystem arrive and start to get their bearings. This is why this was created, and why I try to refresh it every year with the most interesting meetups, companies, and folks to follow online. Boston is a great place to start and build a company.

Boston 71
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Software Development Estimates, Where Do I Start?

Diego Basch

'For some reason many people discuss the problem of estimating software development timeframes without properly understanding the issue. There is a famous answer on Quora that exemplifies this. Lots of people like that story, even though it’s inaccurate and misguided. “Software development” is such a huge endeavor that it doesn’t even make sense to talk about estimates without an understanding of the kinds of problems software can solve.

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Why You Should Background Check Your Business Partner

YoungUpstarts

'by Kenneth Coats, founder of eKnowID. If you don’t perform a background check on your potential partner before doing business with him, you’re setting yourself up to get duped. Now, don’t get me wrong: Most people don’t lie on their résumés. But those who have something to hide will hide it. In other words, you won’t know it’s there unless you look for it yourself.

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Inspiring Entrepreneurs: What Netflix CEO Reed Hastings has learned in his business career

The Next Web

'_. This post is brought to you by Lenovo Inspire Me. More info can be found at LenovoInspireMe.com , where you can enter our competition to win the trip of a lifetime. _. In the first of a new series talking to tech industry leaders about what shaped them as entrepreneurs and the lessons they’ve learned in their careers, we speak to Netflix co-founder and CEO, Reed Hastings.

Swaziland 137
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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

'CEO transparency. It almost sounds uncontroversial. A CEO should tell her staff everything! Right? Right?!? Of course not. It’s a hard topic to write about because it’s almost an accepted norm that total transparency is good. It is not. For starters let me use “CEO” as a proxy to include her “inner circle” which might mean co-founders or might just mean senior execs of the business.

Startup 417
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How to Leverage Mobile Technology to Gain Insights Into Your Marketplace

Duct Tape Marketing

'How to Leverage Mobile Technology to Gain Insights Into Your Marketplace written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing Thursday is guest post day here at Duct Tape Marketing and today’s guest is Willie Pena – Enjoy! photo credit: blakespot. In the next few years, marketing will be almost totally mobile.

Mobile 60
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The move to "rich" mobile apps

deal architect

'Many enterprise vendors and customers view mobile UI as just another more convenient portal to their back end processes. A growing number of companies are, however, building “rich” mobile apps to get more face time with their customers and even.

Mobile 339
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10 Tips For Building The Most Scalable Startup

Startup Professionals Musings

'Investors will tell you that they love to put money into startups that are scalable, and ready to scale. But what does that really mean? Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets.

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[Asia] Tech In Asia Buys GameSaku In Acquisition Blitz

YoungUpstarts

'Just a week after Tech in Asia ( Techinasia.com ) completed its acquisition of fellow Singapore-based blog SGEntrepreneurs (SGE) for an undisclosed sum, the startup and technology blog today announced that it has also acquired Indonesia-based gaming blog GameSaku from Apps Foundry. Founded just last year in 2012, GameSaku quickly became Indonesia’s top mobile gaming blog – GameSaku.com went from nothing to generating over 800,000 monthly pageviews within 16 months and with just two ful

Asia 259
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5 things you need to know before starting an enterprise company

The Next Web

'Vik Singh is CEO and cofounder of Infer , which recently raised a $10 million Series A round from Redpoint Ventures and provides data-powered applications to companies like Box, Jive, Nitro, Tableau, and Zendesk. . Over the past two years while building up my company, I’ve gained some valuable insights on what it takes to succeed in the enterprise world.

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How to Present and Answer Questions in a Team Presentation or VC Pitch

Both Sides of the Table

'I sit through a lot of presentations. These range from companies pitching me to portfolio companies presenting at board meetings. Each of these scenarios has a team presenting. Almost always the CEO plus members of his or her management team including tech, marketing, sales and/or product. Some CEO’s are masters at communicating when team members are present.

Cofounder 377
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SSEBITDA – A steady-state profit metric for SaaS companies

A Smart Bear: Startups and Marketing for Geeks

'This is the fourth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , and The mistake of 1/c in LTV. Its tough for a growing SaaS business to ascertain whether or not it’s truly profitable. Here’s a way to do it. First model: EBITDASM When Rackspace was scaling quickly, they had an interesting metric they called EBITDASM to answer the question: “Are we truly ‘spending

Metrics 238
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On Labor Day: A note about robots and jobs

deal architect

'Hillsborough County, where we live, is about to introduce an automated garbage collection process. Households are being issued new roll carts with RFID chips to monitor if any were missed on collection routes. Trucks with robotic arms will lift and.

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10 People Who Won’t Be Happy As Entrepreneurs

Startup Professionals Musings

'Some people are not cut out to be entrepreneurs. This is a good thing, or the business world would be chaos, with everyone trying to do their own thing. So what about you? How do you know if you should be running your own company, or concentrating on that queue of work that someone else has built for you? I’ve hit this before, but I still hear from too many unhappy entrepreneurs.

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3 Ways To Brand Your Startup Using Social Media

YoungUpstarts

'by DJ Miller. From 2010 to 2012, the percentage of Americans following brands on social media jumped from 16 percent to 33 percent. That’s a significant increase, but it also means two-thirds of local social networkers aren’t following brands. Start-up companies have much work to do to make meaningful social network connections. Read on to discover how to foster these bonds and brand your business online: Make Facebook Part of Your Sales Staff.

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Why you probably don’t need an API strategy

The Next Web

'Daniel Jacobson ( Twitter | LinkedIn ), is currently director of engineering for the Netflix API. Prior to Netflix, Daniel ran application development for NPR where, among other things, he created the NPR API. He is also the co-author of APIs: A Strategy Guide. “Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” – Sun Tzu, The Art of War.

API 135
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Why The Media Has Been Wrong About YouTube Networks

Both Sides of the Table

'For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. Maker announced it has raised $62 million this year, acquired an amazing off-YouTube distribution network and grown its business in monetary terms by almost 300% year-over-year off of an already large base.

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Do You Send Out SEO Press Releases?

Rembrandt Communications

'Tips to boost online awareness fast without spending a fortune Yes, Google just announced that links in your press releases should be marked as “no follow” in order to avoid negative rankings by the search engine. However, that doesn’t mean you should stop announcing valuable news and information online. Google and the other search engines […].

SEO 217