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Top 29 Startup Posts May 2010

SoCal CTO

Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. Putting customers first. Legendary customer support. Instead of making a few dollars per sale and hoping for thousands of sales, you sell to only a few customers, and charge much higher rates.

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

I want our associate to have empathy for the customers we serve — our portfolio companies. I didn’t negotiate hard on carried interest. I told him, “Sorry mate, it was a one-time offer. You had the door cracked open and should have taken it.”. Was I too harsh? I don’t think so. I had nothing to lose!

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Why Internal Ventures are Different from External Startups

Steve Blank

The success of Documentum and Document Sciences, they felt, came largely from Xerox technology and customers, yet the startup companies XTV funded got all the credit. Worse, Robert Adams and his two partners got 20% of the carried interest in the fund, resulting in payouts of $30 million to the partnership.

Startup 327
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What’s the Difference? Venture Capitalist vs. Angel Investor

The Startup Magazine

An article in Forbes explains that a venture capital firm makes its money through management fees (a percentage of the amount of capital that they have under management) and carried interest (a percentage of the profits of the business). Investor Involvement.

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Joining The B Team

VC Adventure

Responsible to their employees, to their customers, to their communities. Things such as our “no a s” rule, what we (along with our friends at Techstars) now call #givefirst , putting entrepreneurs first and including all of our employees (and Pledge 1%) in our carried interest all came out of these discussions.

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Pari Passu or F.U.little guy

Professor VC

I''m a strong believer in fairness (although my daughters may not agree) and investors and entrepreneurs working together as a team to create something valuable to all stakeholders (customers, employees, founders, investors). Startup outcomes tend to be very binary.

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

Hunter Walker

Why Tech Companies Avoid Customer Service and the Opportunity That Comes With Actually Engaging Your Users Thirty years from now when you’re reading my memoir pay attention to Chapter 8 because that’s when I became President of the United States. Not about monopolies or privacy or copyright, but customer service. They want Section 230?