article thumbnail

Taking Other People’s Money Changes Your Life

Startup Professionals Musings

Many startups have an advisory board of sympathetic people with industry expertise, or people who enjoy mentoring, or people who donate a few services on the come. Once you take investment, you will also have a fiduciary board, with the responsibility of making the company successful. All problems will go away.

article thumbnail

Sarah Evans on [Re]Frame

Life Beyond Code

When the co-founders of SlimBooks approached me about being on their advisory board, I realized this was the publisher I wanted to work with and this was the time to write the book I had waiting within. RS: What will readers get from reading your book? RS: What are the images on each page?

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to listen to customers, and not just the loud people

Startup Lessons Learned

This was 2004, and we had never even heard of MySpace, let alone had any understanding of social networking. It required hearing customers say it over and over again for us to take a serious look, and eventually to realize that social networking was core to our business. Establish a customer advisory board.

article thumbnail

Why Co-Founders Are a Startup's Biggest Liability | The Startup Lawyer

thestartuplawyer.com

Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder.

article thumbnail

How Investors Are Increasing Their Returns Through Collaboration and Technology

David Teten

The first panel will focus on public markets and will discuss the use and effectiveness of social media tools and data mining technologies in harnessing the wisdom of crowds to generate investment ideas. Howard Lindzon is Co-Founder and CEO of StockTwits, a social network for traders and investors to share real-time ideas and information.

article thumbnail

What Kind of Workspace Is Best For Your Startup?

mashable.com

“There’s simply no budget for [an office], as I bootstrap the company,&# says Paul Molluzzo, founder of Baby Goes Mobile , a web app that lets parents create a private baby book they can view and update from their mobile phones. instead of having to travel home. .&# instead of having to travel home.

article thumbnail

Pivot, don't jump to a new vision

Startup Lessons Learned

Some startups fail because the founders cant have this conversation - they either blow up when they try, or they fail to change because they are afraid of conflict. We went through another pivot when we switched again from instant messaging to social networking. Thats why its so essential to have a co-equal problem team.