Wed.Sep 07, 2011

What Should You Do When An Investor Asks You For A Business Plan?

Ask The VC

Dan Shapiro has an excellent post up titled What to do when an investor asks you for your business plan. In it he addresses something we missed in Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist. In the section where we discuss business plans, we say: “We haven’t read a business plan in over 20 years. Sure, we still get plenty of them, but it is not something we care about as we invest in areas we know well, and as a result we much prefer demos and live interactions….

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

Startup Lessons Learned

The Lean Startup Book launches in just under a week. How many copies will this book sell in its first week – real, hardcover, paper copies? If that number crosses some unknowable threshold, the book will debut as a bestseller, and then an awful lot of people are going to read it.

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Trending Sources

Can Yahoo or AOL be saved?

Don Dodge on The Next Big Thing

Yahoo was once the biggest and most valuable web company in the world. AOL was a dominant company too. MySpace was the clear leader in social networks. Dinosaurs once ruled the world too. They didn't die because they were big and slow. They died because they couldn't adapt to change. How can clear leaders crumble to directionless losers in just a few years? Poor management decisions, trying to do everything, over-extending, and forgetting their core values. Can Yahoo be turned around ?

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‘Out of Control’ Startups Fail on 8 Key Processes

Startup Professionals Musings

Even when your startup is a one-man show, you will soon find that you are “out of control,” unless you start organizing and writing down how and when key things need to get done. Like it or not, you are now entering the dreaded realm of “formal business processes.”

Five Skills You Need for Startup Success, According to Ethernet Inventor Bob Metcalfe


Ethernet inventor and generally accomplished tech super-guy Bob Metcalfe gave a great opening keynote talk at this morning's Capital Factory Demo Day in Austin, Texas. The event has been good so far and is live streaming online for free.

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More Trending

Nairobi Weekend: New Startups in East Africa


Authenticity Is Easy

Duct Tape Marketing

Authenticity Is Easy This content from: Duct Tape Marketing. I find it amusing that businesses strive to be authentic, or at the directive of the CEO, more authentic. The thing is, authenticity is the easiest thing there is. kiara_ via Flickr Every business is authentic, what choice is there?

Twitter Link Roundup #101 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more!

Someone that can't do email should not be at a technology conference but this is different!

Business of Software Blog

Last year at Business of Software 2010,  Young Me Moon gave a talk called, 'Different' It was. In a brilliant talk, she talked amongst other things, about the evolution of bottled water. How can you differentiate between 50 brands of bottled water in one supermarket?

I’m a VC – Behind the Music

Seth Levine's VC Adventure

Yesterday we released a video written, produced and directed by my partner Jason, that attempts to capture “the human struggle of four venture capitalists trying to make the world a better place.&#

Are You Making These 3 Common Conversion Testing Mistakes With Your Sales Copy? by Yaro Starak

Copywriting 101: How To Refine Your Sales Letter In previous articles I led you through how to construct a sales page. From the heading , presenting your offer with body copy , and then rounding off the sales process with your guarantee and calls to action : Part 1: How To Nail A Killer Headline Part 2: How To Nail A Killer Headline Part 2 Part 3: The Art Of Good Storytelling Part 4: 4 Crucial Elements Every Sales Letter Needs If you were like most marketers you would probably leave it there.

Google’s Spidering Rate Is 3000 Times Faster Than Bing In The First Month

Thinking About Thinking

This is only one data point but I thought it was interesting. About a month ago, my wife launched a website called Activity Yard. It’s a website community where parents rate and review activities for their kids. The URL was submitted to Google and Bing on the same day in August.

Section 409A Revisited: Severance Plans and Other Deferred Compensation Programs

Recent Buzzes - VC Experts, Inc.

By Stephanie Schroepfer and Justin Coddington of Fulbright & Jaworski LLP. Original Title: Section 409A Revisited: Severance Plans and Other Deferred Compensation Programs With Release Agreement Conditions May Need to Be 'Fixed'.

IBM: SAP, Sabre and Smart Systems

deal architect

Kudos to Vijay Vijayasankar for saying “he is very proud to be an IBMer” as he continues a debate we have been having for a while now about whether IBM is innovative or not. He cites SAP and Sabre (the. Enterprise Software (IBM, Microsoft, Oracle, SAP) Outsourcing (IBM, Accenture, EDS

How To Setup A New Mac For PHP Web Development

Nick O'Neill

Inspired by 37 Signals post on how to set up a new laptop for Ruby development, I thought it would be worthwhile sharing how I configure my own laptop in preparation for development. It’s a process I had to go through over the past 48 hours as I was forced to wipe my entire hard drive when installing the new Mac OSX Lion.


Tonight’s Interview With Phil Weiser – Reflections On Serving In The White House

Feld Thoughts

Tonight I’ll be interviewing Phil Weiser , currently the Dean of CU Law School, on his experience serving in the Obama Administration. We will be doing this in the Wittemyer Courtroom, Wolf Law Building, University of Colorado from 6:30 – 7:30 pm. Admission is free, but please register here. Phil has been instrumental in the development of the Boulder entrepreneurial ecosystem as the founder of and motive force behind Silicon Flatirons for many years before going to DC.

In Praise of Small Business Development Centers (SBDC)

Up and Running

Yesterday I had the pleasure of spending all day with about 90 people who teach and advise entrepreneurs and small business owners at various Small Business Development Centers ( SBDC s) around the country. This was as part of the annual conference of Small Business Development Centers, starting today in San Diego.

Give us a taste

Start Up Blog

I was recently flying with Emirates and got talking to the cabin crew. When I later asked for a cappuccino they gave me a nice little extra effort. See below: For the uninitiated, that is the Emirates tail logo as the chocolate on my coffee.

20 US Startup Trends: Get Inspired and Launch in Your Country

VC Cafe

“The key question to keep asking is, Are you spending your time on the right things? Because time is all you have.&# - Randy Pausch, The Last Lecture.

Pick a graph, any graph: Thinking about Facebook connect vs creating a new graph

This is going to be BIG.

When Facebook first started out, it was a social network that connected you with people who went to your college. What you were signing up for when you friended someone, at least at the time, was pretty clear. You could justifiably say that if the functions and features of the application is consistant, you might not even need privacy features.

A Quick Overview of IDN and Punycode An Internet Entrepreneur's Journey

About a week ago, I was approving a new publisher to when I noticed that his submitted website domains were very suspicious. He had entered half a dozen domains that looked like the following: xn— , xn— , xn— , etc. My initial thought was that these sites were garbage – very low quality sites that were most likely receiving untargeted traffic through some cheap source such as PPV traffic.

Time for Real VAS?


With impending blockage of SMS spam from 27th September, and requirement of reconfirmation of subscription at every renewal, there is a potential for large scale shift in Mobile VAS. The two “facilities&# mentioned above have led to a business model for VAS driven by push and dubious billing. The owner of customer databases land up being the king - service innovation is only as valuable as the marketing push one can provide behind it, in competition to every other service.


If music be the food of BoS, sign up and play on.

Business of Software Blog

If anyone wants to get involved in the music at Monday night's event at the Whiskey Priest, please get in touch. We have a really good core of guitarists, bass, keyboard, bongos etc but would welcome more of the above or other instruments. We need more cow bell. In fact, we currently have no cow bell. I was particularly entertained to hear from Jeff Gibson at Intercept Solutions who sent me this picture of him at a previous gig in July.

Why I Love My Board, Part III


Why I Love My Board, Part III. My prophesy is starting to come true. In Part I of this series four years ago, I asserted that. Fred may be the only one of my directors who has done something this dorky, this publicly , but quite frankly, I could see any of us in the same position. Now, Brad Feld is no shrinking violet.

Capital Factory Demo Day

Austin Startup

Today marks the 3rd Capital Factory Demo Day! About 300 investors, entrepreneurs, and press have shown up to see the five companies that have gone through the program this year. Watch the live stream here! Here is a brief summary of the five companies that went through the program this year. StoryMix Media Taking advantage of the trend of personal video exploding everywhere, StoryMix is helping people preserve their video memories. The company makes creating [.]. Events Capital Factory Demo Day

[Interview] Pekka Viljakainen, Author of “No Fear: Business Leadership for the Digital Age” (Part II)


Leading business information architect and IT entrepreneur Pekka A.

InfoChimps Acquires Keepstream

Austin Startup

Two of my favorite companies have now combined forces. Today in my email I received a message from the founder of Capital Factory company Keepstream. I will re-post it here for you. Congratulations to everyone involved! Keepstream is joining Infochimps! We are excited to announce that Keepstream has been acquired by Infochimps, leading API provider and data marketplace!


Learning How To Say No by @alextaub

Mark Birch

Learning How To Say No by @alextaub : alexsrandomtechthoughts : I recently wrote a post about getting rejected and how it should push you to higher places. Well, now I am talking about learning how to say no. I have a problem. I have a hard time saying no to anyone. I try to make everything work.

As the Paradigm Shifts #T: Turbulence

Active Garage

To state the obvious, there’s no question we are living in turbulent times. The winds of change are creating upheaval and instability, leaving chaos and confusion in its wake.

Android Apps Grow Up

Mark Birch

It is official; Android apps are the real deal. Instead of being the ugly step sister in the world of mobile apps, Android is now on equal footing with the iPhone in terms of quality. This is coming from someone that was a dedicated Blackberry user for many years.

Buy a book, save a life

Escape From Cubicle Nation

In college, my major was International Service and Development. I spent significant time in Latin America, working on projects that used education as a tool for grassroots self-empowerment and social change. I remember working in a day care center on the outskirts of Bogota, Colombia.

Clouds on the startup horizon?


I rarely watch the news. Too depressing. But last night we tuned in for a bit. Among the top headlines: growing concern over the financial health of many European Union countries. Markets are concerned about debt levels, raising the cost of debt and starting a downward spiral.

Top 3 Metrics to Measure Customer Engagement

Guy Nirpaz

Businesses these days are making significant efforts to delight their customers, and for good reasons.

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Sulake CEO Timo Soininen Steps Down


After leading Sulake for 10 years, Timo Soininen, steps down from the position of CEO and joins the board of directors, according to a Sulake press release. The board of directors has named Paul LaFontaine the new CEO. He was previously the vice president for Global Distribution at Disney Playdom. Timo Soininen has effectively taken the company from a small startup in the turn of the millenium to a multi-million euro business globally.