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Paul Graham on fundraising

Startup Lessons Learned

But the investor is already being compensated for that risk in the low price of the stock, so it is unfair to delay. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco. When a company is only two months old, every day you wait gives you 1.7%

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Why vanity metrics are dangerous

Startup Lessons Learned

Sure I can build a stock chart, like this one , that shows that eBays stock price went into a four-year decline immediately after "eBay Inc Acquires Dutch Company Marktplaats.nl." The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco.

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Building a new startup hub

Startup Lessons Learned

They take common stock, not preferred, a fact that the entrepreneurs mentioned to me many times. As a result, for a lot of these companies, Boulder is just a gateway to San Francisco. And do your customer development. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

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What is a startup?

Startup Lessons Learned

Yet, the real stories of successful startups are full of activities that can rightly be called institution-building: hiring creative employees, coordinating their activities, and creating a company culture that delivers results. Contrast this with other high-risk situations, like buying a high-risk stock.

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Assessing fit with the Wisdom of Crowds

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, December 30, 2008 Assessing fit with the Wisdom of Crowds When I wrote earlier about how to conduct a good technical interview , I had only a few things to say about how to assess if the candidate fits in with the team, including this: This responsibility falls squarely to the hiring manager.

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What would you want to tell Washington DC about startups?

Startup Lessons Learned

I started my last company with 100% off-shore resources because I could never have completed Customer Development at a reasonable cost of money or regulatory burden had I employed US Citizens. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco.

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Three decisions to make on virtual goods

Startup Lessons Learned

Livelys launch was marred by zillions of sex chat rooms, with people spending hours and hours trying to figure out how to use Livelys stock animations to make their avatars do things that looked kinky. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco.