Feld Thoughts

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Gnip Is On Fire

Feld Thoughts

Oh, and they are hiring as fast as they can find great people ; across the spectrum (business, sales, & engineering). I expect we’ll look back on 2011 as the year that Gnip went from a highly product development focused company to a company that was firing on all cylinders.

CTO Hire 131
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

At month six, one of the early hires leaves, a developer who turns out wasn’t a good fit. Seven months in, there is a beta product. The people on the sales side don’t feel they can charge for it yet because who’s going to take out their wallet for something that isn’t perfect. There is $350k left in the bank.

Burn Rate 152
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Getting Your Demos Right

Feld Thoughts

A few months ago, Oblong had a sales off-site to go through the progress they’ve made this year and to focus on the balance of the year. They’ve had a great year, with a strong quarter-over-quarter sales ramp for Mezzanine on both a dollar and unit basis. Product demo makerbot mezzanine oblong Sales'

Mezzanine 147