You just hit your millionth active user -- congratulations! Unfortunately, getting to that next order of magnitude (10M) is going to be very difficult, costly or both. Unless of course you're inherently viral. There is a reason Twitter, Facebook, Instagram, Pinterest, Dropbox, Snapchat, etc. all are. Either way you will have to convert them. MORE >>

Image via Stock.xcng. For most new high-tech products, the first customers are always “early adopters.” The conventional wisdom is that early adopters are the ideal target for new products, to get business rolling. The term “early adopters” relates to the people who are eager to try almost any new technology products, and originates from Everett M. MORE >>

“What’s gone and what’s past help. Should be past grief.” ” William Shakespeare - The Winter’s Tale. We give abundant advice to founders about how to make startups succeed yet we offer few models about dealing with failure. So here’s mine. Stage 2: Denial. Stage 3: Anger and Blame. Stage 4: Depression. Failure. MORE >>

This post is for everyone who thinks venture capital is an easy business. I'd like to dispel that notion. Here are short term and long term returns for the venture capital business over the past ten years compared to the public equity markets in the US. The ten year comparisons to the public markets are also challenging. Just like everyone else. MORE >>

Startups often left legal issues in a second plane, however, these are a great source of risk for the company. This post describes some of the most common legal mistakes entrepreneurs make and how-to solve them. Legal issues often remain in a second plane. However, this is a great source of risk for the company. No Vesting Restrictions. MORE >>