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3 Economic Rules Every Crypto Start Up Must Obey

Austin Startup

For example, bitcoin makes it possible to transfer money between parties without fees, or oversight from your bank, government, etc. They lower the transaction cost of the exchange sufficiently to justify the risk of volatility inherent in virtual currencies. Blockchain is a secure way to share information, plain and simple.

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Making Decisions in Context

Austin Startup

Of all your hires, if you have commissioned sales people, those will give you the most problems if they’re not all given an equal chance to make their quotas and achieve their personal earnings goals. You risk being held prisoner by some long-forgotten shareholder who painted your office when you first opened in exchange for a few shares.

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The Secret History of Silicon Valley 11: The Rise of “Risk Capital.

Steve Blank

These technology startups had no risk capital – just customers/purchase orders from government/military/intelligence agencies. Million in 1946 as a closed-end mutual fund ) which meant ARD was regulated by the Securities and Exchange Commission (SEC.) Unable to buy any plans or models he committed the details to memory.