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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

They often make great team members such as head of products, CTO, head of sales, CFO, etc. And we’re lucky because they deliver many of the great products, services and content that we consume in our lives every day. I’ll pay my own moving costs and if we don’t raise the fund you owe me nothing.”. I had nothing to lose!

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11 Things I've learned from running a micro VC in the last year

Hippoland

more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. 2) Starting a micro VC is just like starting a product company. And, if you travel, those costs come from this number too.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. 2) Starting a micro VC is just like starting a product company. And, if you travel, those costs come from this number too.

Salary 48
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The Industry Needs to do One Thing to Avoid Regulation: Provide Better Phone Support

Hunter Walker

Software Margins It costs money to staff support team (duh) and if you’re not showing a high margin structure you risk being penalized from an enterprise value multiple. Humans Don’t Scale Sure you can help human workers be more productive over time but they’ll never be as efficient as software automation or customer self-service.

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5 Signs You Need to Create Your Startup Sponsorship Program

Women Entrepreneurs Can

Scaling will increase the cost it takes to do business and it often does it before you’re able to generate additional revenue in the traditional way your company acquires sales. VCs tend to gain most of their returns through carried interest- a percentage received as compensation from the profits of a hedge fund or private equity.

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Seed Investments in Insurrection

This is going to be BIG.

Similarly, I just got a pitch for a startup providing telehealth access that specialized in allergies—which I was pretty excited about until they told me that pharmaceutical companies were fronting the cost of their marketing. But second, it just makes the product better. I was both horrified and yet not surprised at all. Absolutely.