Both Sides of the Table

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace. and we were met with weak demand, slow growth and high costs.

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Further Thoughts on Startup Operations

Both Sides of the Table

“I need somebody to run operations.&# I never said you shouldn’t have a VP of Operations. I think people understand this title to mean more somebody who handles operational issues rather than somebody who is more like a “chief of staff&# as a COO often is. This is the most understandable to me if well defined.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

We hired Steve Pease to run finance and then eventually all operations and it has transformed how we operate. One area I’ve had much discussion with the companies in which I’ve invested in is bringing on board an operationally focused CFO. In short – he’s the glue that binds the business. Any feedback welcome.].

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The Power of Getting the Band Back Together

Both Sides of the Table

Stuart Lander has joined Upfront Ventures to help us run operations. Stuart was a co-founder at my first startup company and ended up running global operations. But last week did see one of my closest family members – David Lapter – join MakeSpace as their CFO & SVP of Business Operations.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. We now have enough density in each city to drive productive routes where we can do enough pick-ups & drop-offs per truck to operate profitably in our markets and density is something that most local businesses overlook.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

Perhaps the biggest piece of new news is that after 17 years of operations we’ve changed our name from GRP Partners to Upfront Ventures. We wanted our name to reflect both the changes we’ve made and how we plan to operate for the next 20 years. What’s up with that? So what changed? And there’s much more of this to come.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

Operating Costs. million to fund operations in their first year of operations. In many Internet startups 80% of the operating costs will be people. After all, they doubled their operating costs when they weren’t even profitable. Should they have slowed down operating costs in order to “make a profit.”

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