Both Sides of the Table

article thumbnail

How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. Who is this program for and why does it exist? The goal of the program is in the name?—?payroll payroll protection.

article thumbnail

Everybody Wants Their Pound of Flesh (Negotiating with Buyers)

Both Sides of the Table

But it’s not a reality in business. People are genetically programmed to negotiate anyways. Your business unit buyer isn’t used to negotiating software and if you won over the IT team with your prowess then you’re feeling pretty good. Wants their pound of flesh. Now it’s time for the real leg breakers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

I bought a book and I learned how to program macros and build spreadsheets. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. So I did that kind of stuff. It was all technical.

Cofounder 337
article thumbnail

What Can You Learn from the 4-Hour Workweek?

Both Sides of the Table

I got my firm to pay for 50% of my MBA and I did the international program at the University of Chicago. I think the overwhelming majority of people would not be good at running their own small businesses (but that doesn’t mean they need to work in mindless jobs or be on the Deferred Life plan).

France 295
article thumbnail

Most Startups Should be Deer Hunters

Both Sides of the Table

I watched the first two of these customers consume significant portions of our internal programming resources. Obviously if you’re going to build a massively scaled business like Twitter, Facebook or Zynga you’re going for huge volumes and the small transaction value model can work.

Startup 389
article thumbnail

Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

This in turn has fueled incubation programs like YCombinator, TechStars, 500 Startups & many more to help early-stage teams launch businesses led by most technical founders who are getting coaching from seasoned management teams. The Explosion in Early-Stage Innovation.