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FinTech Innovation Lab Launch Event – June 2, 2011

David Teten

Packaged platforms (Force.com/EC2/Azure) are much more likely to succeed than a pure infrastructure play. Tal Liani, Managing Director, Equities Research-Communications Equipment, Bank of America. Corporates don’t. The cloud grows/shrinks as you need it. Google is essentially platform as a service.

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Twitter Link Roundup #60 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Employee Equity: Restricted Stock and RSUs on #mbamondays – [link]. Useful comparison of Amazon vs. Rackspace clouds & why Mixpanel is moving to EC2 – [link]. Brian Chesky of AirBnB (from Startup School) – [link] ? Lessons Learned From Helping Over 150 Startups With Marketing Part 1 – [link].

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Pinterest – a case study in capital efficiency

The Equity Kicker

Pinterest now supports 18m users with growth running at 50% per month with the following: Amazon costs are around $39k for S3 and $30k for EC2 (I assume per month). They have 275 EC2 instances. Traffic costs them $52 an hour during peak times, down to $15 during the night. They have 31 employees, up from 12 in December.

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The Last Lean Startup Bundle: 48 hours to claim $3,000,000 in prizes

Startup Lessons Learned

People who would never bother with an entrepreneur’s blog, who may not even see themselves as entrepreneurs: shopkeepers and policy makers, CFO’s and private equity managers, and even future entrepreneurs. This blog post is going to be long, and below you will see every last detail of every last tier of prizes.

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Startup Tools

steveblank.com

SnapEngage – live chat integrates with your apps Zendesk – web help software UserVoice – turn customer feedback into action Kampyle – turn customer feedback into sales and relationships Ideaffect – customer feedback, vote, comment, manage Olark – live customer chat Assistly - Support customers by Web, email, chat, and (..)

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Startup Resources

www.vccafe.com

Amazon EC2. YCombinator Series AA Equity Financing Documents. Founder Equity Issues. Venture Hacks equity section. Legal, Equity, etc. Y Combinator : They provide a series of AA equity financing documents that are written with simpler words so start-up companies will have an easier starting point.

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How To Bootstrap Your Startup

www.readwriteweb.com

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. To keep the equity we out-sourced.