October, 2017

Scott Dorsey’s Attributes of Great SaaS Leaders

Feld Thoughts

A few weeks ago I was in Atlanta for Techstars Atlanta Demo Day and the Venture Atlanta Conference. I had a great time and it’s fun to see the vibrancy of the Atlanta startup community. My brother Daniel came with me and we had dinner with our cousin Kenny, who lives in Atlanta, so we got some nice, quiet, emotionally intimate family time. My favorite keynote at Venture Atlanta was from Scott Dorsey.

Office of Naval Research (ONR) Goes Lean

Steve Blank

The Office of Naval Research (ONR) has been one of the largest supporters of innovation in the U.S. Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. The result will be defense innovation with speed and urgency. —-.

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Trending Sources

7 Steps To Finding Investors Aligned With Your Values

Startup Professionals Musings

One of the most common complaints I hear from new business owners and startups is about the pain and difficulty raising capital. The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control.

Guest Post: Want to move Corporate Innovation into Hyperdrive? Avoid These Three Pitfalls

Grasshopper Herder

Guest Blogger Valerie Vacante writes, "Avoid these three common pitfalls when pursuing corporate innovation.". The post Guest Post: Want to move Corporate Innovation into Hyperdrive? Avoid These Three Pitfalls appeared first on GrasshopperHerder.com.

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Rebecca Kaden

A VC : Venture Capital and Technology

USV added a new partner today. Her name is Rebecca Kaden and she introduced herself to our world on the USV blog just now. Rebecca joins a team of fifteen people; our network team, our analysts, and our fantastic administrative team. We are all excited to have her join us. It took us a year to find the right person to add to our partnership. We have only added three people to our partnership in the fourteen-year history of USV.

More Trending

6 Insights On Social Media Trends You Need To Know

Startup Professionals Musings

Isn’t it frustrating to think you finally understand something in business, like marketing with social media, only to realize that the landscape changed while you were looking at other priorities?

NetSuite: Still alive and kicking

deal architect

Oracle OpenWorld had even more going on than usual. Larry Ellison was so focused on autonomy facilitated by database version 18c that he had only slide for a number of other features it will introduce like 5 times faster RAC. Cloud Computing, SaaS

Our Model

A VC : Venture Capital and Technology

This past week our portfolio company MongoDB went public. I think that occasion presents an opportunity to talk about USV’s model. We are a small firm. We raise modest sized funds (by modern VC standards). Our first fund was $125mm, our second fund was $150mm, and we have now settled on $175mm as a good number and our past three funds have been that size. Our typical entry point is Seed or Series A although we have an Opportunity Fund that allows us to enter later when that is appropriate.

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You can have two Big Things, but not three

A Smart Bear: Startups and Marketing for Geeks

Forget work/life integration for a minute. How much time do you have, regardless of partitioning? From your 24-hour daily allotment, the 1950s-style break-down is 8 hours for work, 8 for home and commute, and 8 for sleep and ablutions.

We Will Miss You Matt

Feld Thoughts

Matt Bencke passed away yesterday. We put the above photo and note up on the Foundry Group site yesterday but I was still processing it and wasn’t ready to blog about it until this morning.

Why Uber is The Revenge of the Founders

Steve Blank

A version of this article is in the Harvard Business Review. Uber , Zenefits , Tanium , Lending Club CEOs of companies with billion dollar market caps have been in the news – and not in a good way. This seems to be occurring more and more. Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. Here’s why it generates bad CEO behavior.

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How To Win Business Without Sacrificing Your Ethics

Startup Professionals Musings

Many people seem to have the sense that ethics are spiraling downward in business, and unfortunately most startup professionals and entrepreneurs I know don’t believe they can make a difference.

Predictions, Redactions

deal architect

At their annual Gartner Symposium event in Orlando today, Peter Sondergaard predicted "AI will be a net job creator starting in 2020" To that, Jason Hiner at TechRepublic snarkily commented “Gartner's research chief couldn't have opened the company's flagship conference.

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Reset

A VC : Venture Capital and Technology

I read Ellen Pao’s book Reset on my trip. I know a lot of the people in the book and I am not into taking sides or making judgments about what happened in the case. But I would recommend that every male VC read this book. A lot of what we do, how we do it, and why we do it is unconscious. Reading this book and others like it will help us to avoid doing those things. And that will be a very good thing for the VC world, for entrepreneurs, and for the tech sector more broadly.

Post Tom Price Healthcare Plans Still Heavy On Cuts

Chaganomics

Healthcare Law

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When Brad Met Manu

Feld Thoughts

My partner Lindel just put a post up on the Foundry Group website about our investment in K9 Ventures. We are proud to be an LP in Manu Kumar’s third fund. I’ve been friends with Manu since 2009 and an investor (personally) in his first two funds. I vividly remember the first time we met – we were both sitting on the floor in the back corner at the fbFund Demo Day at the Facebook office in downtown Palo Alto. A number of interesting companies were presented. I adore Manu.

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8 Steps to Starting Your Own Business

Up and Running

This article is part of our “ Business Startup Guide ”—a curated list of our articles that will get you up and running in no time! People often ask us for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables!

5 Keys To Keeping Your Office Positive And Productive

Startup Professionals Musings

Throughout my career in small companies and large, I’ve always been appalled by the number of people who have a negative attitude or complain all of the time.

Workday and the Age of Intelligence

deal architect

Mike McNamara is CEO of a remarkable $ 25 bn a year company that many people do not know much about. Flex is contract manufacturer for a wide range of products from automobiles to medical devices. Its design and shop. Cloud Computing, SaaS

The NBN is bigger than the internet as we know it

Start Up Blog

The number of people who want slower internet in Australia is exactly zero. The speed we need data transfers to occur at is much fast than our politicians think.

3 Ways Startups Are Using AI To Improve Daily Operations

YoungUpstarts

San Francisco startup Plenty’s innovative use of artificial intelligence (AI) has attracted $200 million in funding from SoftBank Vision Fund, the world’s biggest tech fund. Plenty uses AI machine learning in conjunction with IoT sensors to grow crops indoors with only water, nutrients and light.

Building An Autonomous and Virtual World: Softbank Teams With Mapbox

Feld Thoughts

The physical world will be the reference coordinates for the fleets of robot cars of our imagination. We’re living through the transformation from digital to virtual, and Softbank leading today’s investment of $164 million in Mapbox accelerates this even faster. I’ve posted about the massive founder crush my partners and I have on Eric Gundersen, the CEO of Mapbox.

What I Learned About Entrepreneurship by Diving Into a Saturated Market

Up and Running

I started my first business at eight years old, buying and selling Beanie Babies, to afford an electric guitar. I liked the feeling of buying something for a low price, then selling it at a markup at the right time. Little did I know, I’d just discovered my passion for growing young companies.

How Much Stock Would Convince You To Join A Startup?

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?”

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Of Halloween and Enterprise Software

deal architect

This time of the year, I buy several packages of assorted candies. Keeps the neighborhood kids who come around on Halloween happy. I happened to check the contents of one pack – it had Hot Tamales, Chewy Lemonheads, Tootsie Rolls, Enterprise Software (IBM, Microsoft, Oracle, SAP

How to Quickly Prioritize Your Product Backlog

The Product Guy

Guest Post by: Christopher Davis (Mentee, Session 4, The Product Mentor) [Paired with Mentor, Jonathan Berg]. As a product manager, you’ll often find yourself with a growing backlog of user stories and product defects that need grooming and scheduling. But which ones should come first, and why?

Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

by Joe Duncan, founder of Duncan Capital LP. Fintech is triggering a profound rethink for financial institutions, from retail to investment banking. However must this imply the banking model is broken beyond repair thus leading to massive headcount reductions?

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My Partners Blogging In 2017

Feld Thoughts

My partners Chris Moody , Seth Levine , and Lindel Eakman are all blogging right now. My other two partners, Ryan McIntyre and Jason Mendelson have blogged in the past, ut took a break in 2017. Also, the Foundry Group blog is always active, with occasional thought pieces but mostly updates on initial financings both for companies and other funds that we invest in.

A Standard Business Plan Outline [Updated for 2017]

Up and Running

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Editor’s note: We’ve updated this article for 2017.

How To Reduce Workplace Drama And Improve Results

Startup Professionals Musings

Is it just me in my role as business advisor, or is emotional drama in the workplace increasing?

Startups Are Winning the Remote Work Game. Here’s the Data That Proves It.

OnStartups

Today the State of Remote Work 2017 report revealed that 63% of people in product and engineering roles work remotely at least once per week, which is 21% more than the average.

Two Weeks until "The Startup Way"

Startup Lessons Learned

“Mission critical reading.” -- Reid Hoffman, co-founder of LinkedIn and co-author of the #1 New York Times bestsellers The Alliance and The Startup of You In just a few weeks, my new book, The Startup Way , will be available in print, digital, and audio formats.

The 5 Core Values That All Great Leaders Have

YoungUpstarts

by Shawn Vij, author of “ Moral Fiber: Awakening Corporate Consciousness “ The leaders of all organizations have a number of things in common. They set the tone for the entire company, determine what it stands for and make sure the business stays on course.

RIP AOL AIM

Feld Thoughts

Among all the distressing news of the world, I heard today that AOL Instant Messenger is shutting down on 12/15/17. AIM was the first instant messenger I used.