Both Sides of the Table

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. But today I want to give you advice on how to decrease your odds of failure in a startup.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

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Should Startups Care About Profitability?

Both Sides of the Table

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!” What did they actually do?

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

A caller dialed in to ask us questions about his startup. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). He wanted to raise angel money. I was recently on TWiST with Jason Calacanis. I told him to quit his job first.

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Choose Your VC Investor Carefully

Both Sides of the Table

This is part of my ongoing series Startup Advice. Either you’re not a good leader and he shouldn’t be investing at all, or he has no clue what it takes to build a startup.&#. Beware of VC Seagulls, who shit on you and then fly away (or worse yet leave you with Red Herrings). I guarantee this is a bad VC.

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The Corrosive Downside of Acquihires

Both Sides of the Table

For the past 5 years or so Google, Facebook and a handful of tech industry giants have been quietly buying scores of early-stage startups for their talent. I’m supposed to believe that my best innovation can only come from scores of startup founders who just made millions and have now become CVOs at my company? Go do a startup.

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How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

I was out to raise my first seed money in my second startup of $500,000. Neither did Y Combinator, 500 Startups, TechStars, Amplify, Mucker and countless others. And importantly they play an important role in helping to introduce you to the right A-round VC based on your startup type. Startup Lessons'