October, 2010

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What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. You want to get yourself to a position where you can do what you want to do&# (Chamillionaire). Last night I co-hosted a dinner at Soho House in Los Angeles with some of the most senior people in the media industry with executives from Disney, Fox, Warner, media agencies and many promising tech & media startup CEO’s.

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If you build it, they won't come, unless.

A Smart Bear: Startups and Marketing for Geeks

This is Part 5 of the 5-part series: 5 lessons from 150 startup pitches. Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Then he'll describe his cutting-edge platform — cloud-based, scalable, distributed version control, continuous integration, one-click-deploy.

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Internet Business Lingo Quiz for Entrepreneurs

Startup Professionals Musings

Many of the investors and entrepreneurs I know still don’t realize that they need to use and understand the Internet, even if their business is not e-commerce. Maybe you have also heard a lot of Internet terms, but are not sure you can explain how, when, and why they are relevant to your business success. Here is a quick test of your real Internet savvy.

Internet 224
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Need a Technical Co-founder? Hire a Product Design Lead First

This is going to be BIG.

Every business person with a dollar and a dream these days thinks they’re a technical co-founder away from interweb stardom. It’s great if you can find one—but even if you can, I’m not sure it’s always the best move. That’s counter to what I used to think before, but I’ve done some more thinking about it. The reality is, a lot of the stuff being built now isn’t rocket science.

Cofounder 123
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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Excerpt from "Do More Faster" - Avoid Co-Founder Conflict by Dharmesh Shah

ReadWriteStart

Do More Faster: TechStars Lessons to Accelerate Your Startup is the new book by David Cohen , founder and CEO of TechStars, and Brad Feld , managing director of Foundry Group. Contributors include dozens of TechStars mentors and founder alumni, including Dharmesh Shah the founder and CEO of HubSpot and the curator of the OnStartups blog and community.

Cofounder 128
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Q&A With The Founders Of AgileZen

Feld Thoughts

In April I wrote a post about Rally acquiring AgileZen. I’ve been an investor in Rally from the very early days and am incredibly proud of what the team there has created. As I’ve written in the past, I encourage companies I’m an investor in to continually explore small acquisitions when entrepreneurs have created something that is on their roadmap.

Founder 122

More Trending

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HOW TO: Build an App for Your Small Business

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Android MARKETING Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Six Entrepreneur Skills That Angel Investors Love

Startup Professionals Musings

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. The reality is that angel investors are humans, and personal traits often make or break the relationship, even before the investment is considered. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency.

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Twitter Link Roundup #57 – 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! Here are some of the links that I’ve liked and shared this past week!

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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. Before I do, however, I want to talk about a thumb rule that I'd like to propose to entrepreneurs about raising money. Bottom line, early stage equity is very, very expensive. So at any point, if you are trying to raise money, and you are hearing from investors that you are too early and have too little validation, it may be a good thing.

Valuation 119
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A Robotic Ball Controlled By A Smart Phone

Feld Thoughts

This summer I made two new friends who completely blew my mind – Ian Bernstein and Adam Wilson. I met them through TechStars – they were founders of Orbotix , one of the 11 teams to go through this TechStars Boulder this summer. Today, Foundry Group announced that it has led an investment in Orbotix. I’m always on the lookout for what I consider to be genius level software engineering talent.

Seattle 121
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Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

A while back I wrote a bunch of posts on Sales & Marketing and have been meaning to get back to that theme for a while. Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. So I hope these posts will be useful to all and not just those who need road warriors.

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HOW TO: Connect with Other Entrepreneurs Online

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Android MARKETING Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Five Steps To Social Media Success for Startups

Startup Professionals Musings

Everyone is talking about how social media can help you jumpstart your business at no cost, and experts are springing up on all sides to help you do it at a high cost. So who do you believe, and what are the keys to success for your startup? I’ll put my money on one of the originals in the social media marketing game, my friend Lon Safko, who just published his Second Edition of the bestselling book, “ The Social Media Bible.

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Twitter Link Roundup #55 – 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! Here are some of the links that I’ve liked and shared this past week!

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Kajabi – Is It Really That Good?

Entrepreneurs-Journey.com by Yaro Starak

I spent an entire hour watching the sales video for a new product you probably have heard of, it’s called… Kajabi You can watch the video for yourself right here – What Is Kajabi? – and then sign up for a 14 day trial (the trial option may be over depending when you read this blog post). I wrote previously about Kajabi and some of the competing content marketing systems available to us who sell information online in this blog post – Which Content Management System I

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New Funding Recommendation Engine Helps Startups Find Investors (Invites)

ReadWriteStart

Identifying the right investors to approach for funding your startup can be challenging. ChubbyBrain hopes to make make that a little easier and equip entrepreneurs with more information and options with the launch today of its Funding Recommendation Engine. The free services utilizes data from CB Insights , whose investment research we often cite here at ReadWriteWeb as a gauge of industry and investment patterns.

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Want to Work in VC? Here’s How

Both Sides of the Table

I’m often asked by people, “how do I get into VC?&# and I normally respond by saying, “there is no easy path. It’s often a combination of luck, relationships & timing. Often these jobs aren’t even publicized.&#. Well, I know 3-4 VC jobs that are publicly available. GRP Partners is looking to hire two analysts (maybe even three) to join our practice in Los Angeles.

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Venture Capitalists, Super Angels and the State of Startup Funding

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Music Business Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Understanding the Dreaded Investor Due Diligence

Startup Professionals Musings

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. For no good reason, this process seems shrouded in mystery, when in fact it is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

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Product or Service Features Are Rarely A Competitive Advantage

crowdSPRING Blog

Many entrepreneurs and small business owners believe that their new product or service will beat the competition with great new features. Product and service features are rarely a competitive advantage. There are many benefits to “less software&#. I discuss why in the following short 3 minute video. What do you think? Tags: Strategy Technology business marketing start-up tips entrepreneurs features small business smallbiz software development startup.

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Which Content Management System Is Best For Selling Information Online?

Entrepreneurs-Journey.com by Yaro Starak

Three years ago I began the search for a technology setup to market and deliver my first information product online. Although I made a decision and eventually launched my product, I would continue to change systems as I ran up against problems with the technology. Gideon Shalwick and I have had a conversation over and over again, lamenting the lack of a truly robust software tool designed for Internet marketers to sell information online.

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Hiring Executives: If You’ve Never Done the Job, How Do You Hire Somebody Good?

Ben's Blog

“Concrete shoes won’t help in the river. I don’t care if you is Michael Phelps my n*&#a”. —Lil’ Wayne. The biggest difference between being a great functional manager and being a great general manager—and particularly a great CEO—is that as a general manager, you must hire and manage people who are far more competent at their jobs than you would be at their jobs.

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363 CEOs All Can’t Be Wrong

Growthink Blog

A fantastic October 2010 survey of 363 emerging technology company CEOs by the law firm Dorsey and Whitney is a fantastic snapshot of how the “old Silicon Valley boys club” world is gone forever. Highlights: The Super Angel Funds Are Coming. While individual angel investors still account for the largest percentage of funding for startup entrepreneurs, the new portfolio-based funding models – either in the form of incubators like Y Combinator and Techstars or in the form of Super Angel funds like

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Venture Capitalists, Super Angels and the State of Startup Funding

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Music Business Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Startups Should Avoid These Social Media Mistakes

Startup Professionals Musings

If your startup can’t be bothered with social media, or has no plan to take advantage of it, then you are definitely at risk these days. But simply jumping in is not enough. Before you start spending money and time being a user, you need to understand how it can help you and your business. Using it randomly or incorrectly is a waste of your precious time.

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There is no “Foundry Group Boulder Signaling Problem”

VC Adventure

Forbes published an article yesterday by Maureen Farrell stating that there’s a “signaling problem” for TechStars Boulder companies who don’t raise money from Foundry Group. . . “… one byproduct of [Foundry Group’s] generosity for any young Boulder company is that, if it hasn’t been funded by The Foundry Group, it must explain why. Otherwise it has a signaling problem, something that happens when a VC invests in an early round but doesn’t show up for later rounds.”. .

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Be Careful not to Become a Conference Ho

Both Sides of the Table

You know the type. You see them on Twitter, Facebook or Plancast plotting out their next 12 conference. You see their Tweets from airports across the globe. Look at me! I’m in Spain! Now I’m in France. Next week I’m speaking in Cabo San Lucas! They are professional conference attendees. They are CEO’s addicted to the schmoozing.

France 414
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Dallas Startup Happy Hour Tomorrow

The Startup Lawyer

Dallas Startup Happy Hour is tomorrow @ 5pm! Big in Japan and Architel announced the speakers for the inaugural Startup Happy Hour 2.0, to be held Wednesday, Oct. 27, at Campbell Centre, will include Blake Burris of CoHabitat ; Gabriella Draney of Tech Wildcatters ; Danica Mathes of Ignite Dallas ; and Joey Pomerenke of Startup Weekend. More than 250 entrepreneurs, aspiring entrepreneurs and others interested in the Dallas/Fort Worth startup scene have RSVPed for the event.

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Ninja Affiliate Plugin Review – Affiliate Marketing For Blogs Made Easy

Entrepreneurs-Journey.com by Yaro Starak

I have a confession to make. I’m lazy. This has served me well in some instances, for example it has forced me to find elegant and simple solutions that require minimal effort and complexity to set up and function. I’ve also sought out 80/20 ratios in my life based on what I really want – not just what society says I should want – to build a lifestyle that most people would dream about.

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The Future of Startup Funding

www.paulgraham.com

Want to start a startup? Get funded by Y Combinator. August 2010 Two years ago I wrote about what I called " a huge, unexploitedopportunity in startup funding :" the growing disconnect betweenVCs, whose current business model requires them to invest largeamounts, and a large class of startups that need less than theyused to. Increasingly, startups want a couple hundred thousanddollars, not a couple million. [ 1 ] The opportunity is a lot less unexploited now.

Startup 93
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Austin-Based Riptano Can Haz Valley Monies

Austin Startup

We last reported on Riptano’s launch in April – and just a few months later the company has announced they already raised a tidy $2.7MM in a Series A. Lightspeed Venture Partners led the round, while Sequoia Capital and Jason Calacanis also got in on the action. John Vrionis of Lightspeed Venture Partners will join Riptano’s board. The company said they will use the cash to hire developers and further build out their business team to better serve their customers.

Austin 74
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$43.2 Million That Can Help You

Growthink Blog

Now that summer is officially over, venture capital activity is picking up. I just reviewed the many companies who recently raised venture capital with an eye towards those that are offering products and services that could benefit other entrepreneurs and business owners. These following six companies fell into this category. Collectively these companies just raised $43.2 million.

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Entrepreneurship as a Science – The Business Model/Customer Development Stack

Steve Blank

Over the last 50 years engineers have moved from building computers out of individual transistors to building with prepackaged logic gates. Then they adopted standard microprocessors (e.g. x86 , ARM.) At the same time every computer company was writing its own operating system. Soon standard operating systems (e.g. Windows, Linux ) emerged. In the last decade open source software (e.g LAMP ) emerged for building web servers.

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The #1 Goal of Your Website – Slides from my Business of Software Talk

Software By Rob

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← Your Market is Smaller Than You Think Why You Should Start Marketing the Day You Start Coding → The #1 Goal of Your Website – Slides from my Business of Software Talk Startups If youre trying grow your startup youve come to the right place.

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How Launching A Free Product Doubled My Income

Entrepreneurs-Journey.com by Yaro Starak

A few weeks ago, I decided to take on a new venture. I felt a bit stagnant with what I was doing, so I decided that it was time to release a new product. This decision was made after listening to a podcast about product development and realizing that I really didn’t have a product. After kicking myself in the butt for sitting on a bunch of knowledge and not doing anything about it, I decided to stop wasting time, and start taking more action.

Product 80