September, 2018

Is the Lean Startup Dead?

Steve Blank

A version of this article first appeared in the Harvard Business Review. Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital.

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5 Criteria For Splitting Equity In Your New Venture

Startup Professionals Musings

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology, or money.

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We’re Overthinking Seed Round Signaling Effects

For Entrepreneurs

There is much hand wringing in the startup ecosystem about various forms of signaling between the seed and A rounds. Conventional wisdom, and advice, abounds: entrepreneurs should never include a venture firm in their seed round because it’ll scare other VCs off from pursuing the A. After all, the “insider” VC has more information and. Getting Funded Entrepreneur Funding Raising capital seed deals Venture capital

Selling your business? Find the emotional buyer

Berkonomics

This is one of my favorite insights, since I lived this one in a positive exit from my computer business. Types of business buyers expanded. Most people will tell you that there are two kinds of eventual buyers for your business: financial and strategic.

Listen To the Haters So You Can Prove Them Wrong

YoungUpstarts

by Judith Nowlin, Chief Growth Officer for Babyscripts. If I had a dime for every time someone told me “you can’t do this” on my entrepreneurial journey, I would be swimming in a pool of coins like Scrooge McDuck from DuckTales, my favorite after school cartoon from the late 80’s.

7 Must-Dos Before Starting a Company

Up and Running

There are so many things I wish I’d known before I started my first company. Hindsight’s 20/20, but I wish someone had sat me down before I wasted a lot of time and money on a company I wasn’t ready to start.

Sneak Preview: Workday Rising

deal architect

It’s an annual ritual. A Workday executive does our readers a favor and shares a curtain raiser on their Rising event, which this year is expected to draw over 10,000 attendees. This time it is Barbry McGann, senior vice president

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More Trending

Acknowledging The Value of Coaching and Therapy for Founders

Feld Thoughts

I’ve long written about the stigma around entrepreneurship and depression / other “mental health-related issues.” ” I was delighted to see two articles in the last day about others addressing this. First, Felicis Ventures is committing 1% on top of every check the firm writes in non-dilutive capital earmarked for “founder development” in coaching and mental health. I love the way Aydin Senkut has characterized what they are doing and why they are doing it.

Should you include a Series A investor in your seed round?

Version One Ventures

One of the most important decisions for a founder of an early stage company is deciding who should be on the cap table. We’ve written about doing your due diligence on investors and funds to make sure you find the right partners for the journey. Lately, we have seen more founders grappling with the question of whether to include a Series A investor in their seed round.

From Invoices To Customer Service: 5 Ways To Make Your Startup Look More Professional

YoungUpstarts

It’s easy to come up with an idea for a startup business. What’s not so easy is executing on this idea. And even after you get the business up and running, you’ll find that you have to continually prove yourself in the marketplace.

Is Your SaaS Go-to-Market Strategy Tsunami-Proof?

ConversionXL

Right now, there is a tsunami that’s coming to wipe out thousands of SaaS companies. In this article, I’ll walk you through the three tidal waves coming ashore and show you how to avoid their potentially disastrous consequences. The Three Tidal Waves Coming for Your SaaS Business.

Oracles streak of missed opportunities

deal architect

No, this does not have much to do with Oracle’s recent quarter. Nor is it about intrigue and gossip so many analysts use to compare Oracle to the Trumpian White House. It has more to do with two decades of. Enterprise Software (IBM, Microsoft, Oracle, SAP

7 Attributes Of People With An Entrepreneur Mindset

Startup Professionals Musings

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup.

Book: How to Meditate

Feld Thoughts

Over the past few years, I’ve incorporated meditation into my daily routine. I started by using Headspace , shifted to using Insight Timer , and now do whatever I feel like doing. A week ago, while proofreading a draft of Jerry Colonna’s upcoming book, I noticed a few sections where he mentioned Ani Pema Chödrön. When he referenced her book How to Meditate , I went on Amazon and bought a physical copy to read.

When “fits and starts” is the most efficient path

A Smart Bear: Startups and Marketing for Geeks

You roll down the windows and wear a helmet when you take your car to the track. This does not make me less terrified of a fiery death. The American Autocross champion was sitting in my passenger seat screaming at me to not let my foot off the pedal until I bounced off the RPM limiter.

How Do Short Term Loans Work?

YoungUpstarts

Short term loans are nothing new, with hundreds of thousands of people taking out one form or another of short term finance in the UK each year. From payday loans to instalment loans and beyond, there is no shortage of specific products for specific purposes to choose from.

How to Write a Business Plan for a Cannabis Company

Up and Running

It’s a very exciting time in the cannabis industry right now. One of our Bplans writers described going into business in cannabis as a “ once-in-a-generation opportunity ,” with the product rapidly becoming legal for recreational as well as medical use in many states.

A subdued SuccessConnect

deal architect

Vegas has way of making people, how do you say it, exuberant. On one day there was the CHRO of SAP, Stefan Reis presenting to the press corps about moving his workforce systems to the cloud to manage the giant. Cloud Computing, SaaS

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7 Tips For Building The Right People Relationships

Startup Professionals Musings

In big business, as well as startups, I have found that your effectiveness can be highly correlated to your ability to build and maintain people relationships, often more so than hard work, or how many hours you give.

Entrepreneurs Unplugged – The David(s) on 9/13/18

Feld Thoughts

One of my favorite public events is the CU Boulder Silicon Flatirons Entrepreneurs Unplugged series. I was the co-host for the first couple of years, sharing the interview job with another Brad (Bernthal) who now is generally on his own.

A Scorecard: Should a decision be fast, or slow?

A Smart Bear: Startups and Marketing for Geeks

We all know that startups should make decisions quickly. Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead.

Ideas To Earn Money With Your Passion

YoungUpstarts

While thinking about new business ideas , passion can be an ideal keystone for beginners. Your enthusiasm must not make you blind. It is essential to do some hard work to understand your passion. Evaluate your actual skills before turning your passion into a career.

Scaling from maker to manager

Version One Ventures

A few weeks ago I shared some important leadership lessons from Stewart Butterfield , including investing in your own growth to make sure that the founder scales as fast as the company. Growing with your start-up can be a very tough undertaking for a founder. It requires reinventing yourself dramatically in very little time. When you start your company, you will be a “maker” for most of your days, wearing a thousand hats and tackling whatever needs to be tackled.

Implementation Ground Hog Day

deal architect

I was recently introduced to Bonnie Tinder, founder of Raven Intel. Her startup is on a mission to “quantify the quality” of HCM implementation projects, especially the role of the SI partner. As her site says “We’re amplifying the voice. Enterprise Software (IBM, Microsoft, Oracle, SAP) Offshoring (TCS, Infosys, Wipro, Cognizant) Outsourcing (IBM, Accenture, EDS

Equity Investment Platform Preparation Best Practices

Startup Professionals Musings

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country.

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Book: A Gentleman in Moscow

Feld Thoughts

“How did your book end?” ” asked Amy from her position reading on the couch across the room. “Perfectly,” I answered. A Gentleman in Moscow was magnificent. While there’s still a chance I’ll read something better in 2018, for now, I’m declaring it the best book I’ve read this year.

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Seed Stage Startups Are Now Graded on a Curve

View from Seed

Over the past five years, we’ve witnessed an Atomization of the Seed Stage. Early fundraising is no longer a one-and-done fundraise of a single round of Seed capital subsequently followed by a Series A 12–18 months later.

9 Success Driven Tips For Starting A Successful Startup

YoungUpstarts

Starting a startup is definitely no easy endeavor. There are a number of goals to accomplish, and a variety of things that can go wrong along the way. In fact, many experts say that around 90 percent of startups end in failure. That’s a pretty startling statistic.

Think Differently About Success

The Startup Magazine

The ability to create success starts with a mindset that aligns with taking action, learning rapidly and adapting to change. Successful people think differently about success. It’s not all about your IQ or the kind of car you drive.

Tech Marathoners: Brad Keywell

deal architect

This continues a series of interviews with tech executives who have seen the industry evolve over a minimum of two decades. They have helped analyze, envision, develop and take to market some of the most influential technology the world has. Tech Marathoners series

Adopt An Entrepreneur Mindset To Enhance Your Career

Startup Professionals Musings

One of the big differences between an entrepreneur and an employee of a big business is that employees tend to have a very narrow focus on their job, while entrepreneurs have to keep the broader focus on business. Both want personal satisfaction and financial success. In fact, U.S.

Book: The Fixer

Feld Thoughts

I enjoyed Bradley Tusk’s new book, The Fixer: My Adventures Saving Startups from Death by Politics. It’s another memoir, a category which seems to be ending up on the top of my reading list a lot these days. It also was in the pile of books I get sent regularly by publishers hoping I’ll read and review them (as in “Dear Brad Feld, here is a form letter about my book, I hope you like it.”). ”).

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Welcoming Nicole Sievers to the NextView Team!

View from Seed

Rob, Lee, Melody and I are all very pleased to announce that Nicole Sievers has joined the NextView team as Platform Associate.

6 Ways To Prepare Yourself For The First Step In Your Entrepreneurial Journey

YoungUpstarts

by Chris Bray , founder and CEO of Bray Innovation Group . Without Netscape, would Google exist? Had MySpace not paved the social platform pathway, would Facebook’s app be a smartphone staple? Probably not.

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7 Clever Ways To Train And Motivate Your Team

YFS Magazine

Without the right guidance, your team cannot perform at the level you expect. So let's explore some quick tips to lay the groundwork. Company Culture Grow company culture employee training HR human capital human resources workplace development

Dreamforce Keynotethe good and not-so-good

deal architect

I am not at the Salesforce event this week but changed my travel plans to make sure I could watch yesterday’s streaming of the 2 hour keynote. Some of it was predictable. Marc Benioff has an admirable loyalty to Hawaii, Cloud Computing, SaaS Industry Commentary

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How Today’s Full Customer Buying Journey Is Critical

Startup Professionals Musings

In today’s totally interconnected world with its abundance of information, choices, and marketing, how your customers buy has drastically changed. Buying has evolved from a simple transaction decision to multi-faceted experience.