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Leaving Government for the Private Sector – Part 2

Steve Blank

Most of her lessons were applicable to any government employee venturing out to the private sector. The larger the company, the more they’ll separate out business development and sales, with business development focused primarily on lead generation and sales focused on sealing the actual sale of the product or service.

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7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

Public ownerships usually lends prestige and credibility to your sales, marketing, and acquisition efforts, but it may work counter to your vision of saving the world. Most startup founders voluntarily exit or are pushed out, and the fun is gone. Analysts want escalating profits. Public companies bring new expectations of benefits.

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Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

VC’s have just changed the ~50-year old social contract with startup employees. For most startup employee’s startup stock options are now a bad deal. Why Startups Offer Stock Options. Here’s why. On its surface this was a pretty radical idea. Why would they do that? And the bet worked.

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10 Startup Founder Decisions That Have No Good Answer

Startup Professionals Musings

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-founders to help you? The co-founder relationship dilemma.

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What Do Boards Actually Do?

Both Sides of the Table

I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders. But unlike the popular press reporting of this conflict — 80% of the time it is founder-to-founder conflict and not investor-to-founder conflict.

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Startup Stock Options Are Not Reliable Compensation

Startup Professionals Musings

Many employees forget that there isn’t even a market for stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, stock doesn’t “pay the mortgage” today, so to speak. Thus, stock doesn’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

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What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

To most founders a startup is not a job, but a calling. Risk capital takes equity (stock ownership) in your company instead of debt (loans) in exchange for cash. What does this mean for startup founders? Here’s the thing most founders miss. Why don’t VCs tell founders this fact? ——-. The Good News.