July, 2017

Why good people leave large tech companies

Steve Blank

If you want to build a ship, don’t drum up the people to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea. Antoine de Saint-Exupéry. I was visiting with an ex-student who’s now the CFO of a large public tech company. The company is still one of the hottest places to work in tech. They make hardware with a large part of their innovation in embedded software and services.

Iteration = Time to Learn, Not Time to Build

Grasshopper Herder

Burn rates are meaningless in isolation. Iteration time is a critical aspect of starting a new business and we've noted a few misconceptions. The post Iteration = Time to Learn, Not Time to Build appeared first on GrasshopperHerder.com.

The Loneliness of an Entrepreneur

Feld Thoughts

This showed up in my inbox the other day from a friend of 20 years. He’s been involved in a number of companies that we’ve invested in over the years in different senior and/or co-founder roles, including CEO. It was short and sweet but captured the essence of something I often talk about with founders. Heard you and Jerry on CPR this morning , nice job!

Startups Need Employees Who React Like Entrepreneurs

Startup Professionals Musings

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. Then they are surprised to see productivity and creativity take a big dip.

How to Write an Executive Summary

Up and Running

What is an executive summary? An executive summary is the brief introduction to a business plan. It should describe your business, the problem that it solves, your target market, and financial highlights. What should an executive summary include? Who you are.

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More Trending

Startup Opportunities Flash Sale – Today Only For $0.99

Feld Thoughts

My newest book, Startup Opportunities: Know When to Quit Your Day Job , is available via Kindle for $0.99 today. If you are a fan of my books, a friend, or just someone who is interested in startups, buy a copy today. The post Startup Opportunities Flash Sale – Today Only For $0.99

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The Business Model Canvas Can Get Your Startup Funded

Startup Professionals Musings

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need.

India is Facebook’s Largest Market – But Not for Women


India just overtook the United States in having the largest Facebook audience in the world. Although it looks honky dory for the network, there’s something very unique about the Indian audience. It is heavily skewed towards young people and men.

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Finding the right advice

A Smart Bear: Startups and Marketing for Geeks

One thing we’ve learned from the diet crazes since the 1980s is that every single thing has been alternately touted as healthy or poison. No-fat, carb-heavy. Scratch that, no-carb, fat doesn’t matter. Scratch that, it’s only about low-cal. Scratch that, whole-30 and don’t track calories.

Working Across Many Time Zones

A VC : Venture Capital and Technology

I was in Europe for most of June and working on a lot of things with people in the bay area. The nine hours time zone were challenging. I was doing a lot of calls in the evenings with people who were just waking up. There were many times when I woke up in Europe to a brief window where I could talk to people in the bay area who were still working and had not wrapped things up for the day before. Our portfolio at USV spans ten hours (Estonia to San Francisco/Los Angeles).

The Ultimate Guide to Choosing a Pricing Strategy for Your SaaS Startup

Up and Running

Five months ago, the five members of our Chanty team gathered around a small table in a coffee shop to try to answer the ultimate question for our business: “How will Chanty make money?”. Determining the right monetization strategy is by far the most important issue for every SaaS business.

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Fair and Reasonable

Feld Thoughts

I was on the phone with an old friend last week. We were talking about a few things around a negotiation, and he said something profound. “I just want things to be fair and reasonable.” ” I loved this phrase. I learned this value from Len Fassler and Jerry Poch in 1993 when they acquired my first company. I had never bought, sold, or invested in anything up to that point.

10 Controversial Lessons From Serious Entrepreneurs

Startup Professionals Musings

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business.

10 Simple Ways To Build A Strong Business Reputation

YFS Magazine

We asked 10 entrepreneurs to share how they get people to "know, like and trust" their businesses. Here's what they had to say. Grow Marketing & Sales branding marketing online reputation reputation management

25 Entrepreneurs Explain Why They Started Their Business


Each business has a story. No matter if the business is a Goliath like Wal-Mart, or a local business owned by a couple or family, the business has roots in an idea. For each business owner, the story of their journey can range from monetary needs or the passion for a unique project.

3 Tools To Help You Get Started With SEO


by Nate Vickery, editor-in-chief of Bizzmarkblog.com. In 2017, SEO can be described in two words: turf war.

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Should You Build a Mobile App or a Website for Your Startup?

Up and Running

Website, web app, or a mobile app—what would be the right “form” for your business idea ? Since the release of the very first iPhone, everyone has been treating the mobile-first business model as the new gold rush.

We Lead or We Participate

Feld Thoughts

Over the years, I’ve been in many multi-party negotiations. I don’t know the maximum number of participants in a single negotiation, but I’m sure it’s greater than ten active negotiating parties in a transaction. I don’t mean the number of entities participating in the transaction, but the actual number of active negotiating entities. The best way to figure this out is to count the number of different law firms involved in the transaction.

8 Leadership Lapses Every Business Owner Must Avoid

Startup Professionals Musings

Even entrepreneurs who have built many startups, or sold their last one for millions of dollars, know they make occasional people leadership mistakes. They know leadership is all about managing their own complicated, illogical, and fallible human foibles, as well as the people they depend on.

My new fascination with Podcasts

VC Cafe

“Broadcasting is really too important to be left to the broadcasters”?—?Tony Tony Benn. I’ve started a 30 day blogging challenge (more about it here and please fo sign up to receive the newsletter ). This is day four. Early conclusion: It doesn’t get easier in day four.

24 Entrepreneurs Reveal What Entrepreneurship Means to Them


Being an entrepreneur is a source of pride. It also evidences an individual with a huge amount of discipline and focus to be able to build a business a lot of times from just an idea. It is the ambition of an entrepreneur that built the most profitable and successful companies.

Eight Subscription Companies Worth Watching:  Why They Are Growing And What They’re Doing Right 


by Robbie Kellman Baxter, author of “ The Membership Economy: Find Your Super Users, Master the Forever Transaction, and Build Recurring Revenue “ In recent years, the Membership Economy has been disrupting the old methods of doing business in a major way.

Putting culture first: A CEO’s formula for success.

The Startup Magazine

Mike Wessinger, CEO, PointClickCare. How did you do it?”. It’s probably the single-most asked question I get from aspiring entrepreneurs. From the outside looking in, it’s a fair question. I founded PointClickCare two decades ago with a background in sales and no technical skills.

American Is Pushing Entrepreneurship To Other Countries

Feld Thoughts

Yesterday, the White House announced it was delaying and likely eliminating the International Entrepreneur Rule. This rule is the closest we’ve come to a Startup Visa , something I’ve been working on with numerous other people since 2009. Several failed bills in Congress, a failed bipartisan Senate comprehensive immigration reform bill, and an Executive Order later, and we still have nothing. I’m disappointed but not surprised.

7 Leadership Principles To Get You From Smart To Wise

Startup Professionals Musings

Most of the entrepreneurs I have met are smart, but many are not always wise.

Create High-Impact Data Visualizations: Nine Effective Strategies

Occam's Razor

I believe deeply in the value of making data accessible. In service of that belief, there are few things that bring me as much joy as visualizing data (smart segmentation comes close).

Optimism in the Face of Uncertainty: A Look at Small Business in 2017

Up and Running

My neighborhood of Alberta in Portland, Oregon, where small local businesses are plentiful. Source. If you’re considering making the leap and starting your own business, you’re likely eager to ensure that you’re making a smart decision.

Coaching The Uncoachable?


by James G. Ward, MA, PCC, author of “ New Directions: Successful Strategies for Career, the Workplace, and Personal Growth “ “ It’s hard to help people who don’t think they have a problem. It’s impossible to fix people who think someone else is the problem.” – Marshall Goldsmith.

Technology giving rise to new breed of real estate agents

The Startup Magazine

In a time of technology enabled with mobility real estate agents are evolving and moving beyond their traditional roles. Real estate is slowly moving to become more organised and as an emerging industry it has seen a lot of investment into technology innovation over the past few years.

Money Is A Consensual Hallucination

Feld Thoughts

My favorite Onion article of all time (from 2010) is U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion. It starts off with some Bernanke brilliance. “Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we…if we…” said Bernanke, who then paused for a moment, looked down at his prepared statement, and shook his head in utter disbelief. “You know what? It doesn’t matter.

How to Pick a Partner Who Will Amplify Your Efforts

Startup Professionals Musings

As a long-time business advisor and angel investor, I’m a believer that “two heads are better than one” in building a new business. Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader.

User Onboarding in Enterprise SaaS #prodmgmt

The Product Guy

Guest Post by: Prakhar Agarwal (Mentee, Session 4, The Product Mentor) [Paired with Mentor, Sara Varki]. Introduction. Nowadays, we all consume applications and platforms (software) over the web. Software installation” is quickly becoming an old concept, especially for end users.

Announcing our investment in Ada Support – the AI support platform that’s answering 2 million questions a month

Version One Ventures

As Ada Support launches its automated chat platform from stealth and announces an impressive $2.5 million seed round, we’re looking back at our journey with founders Mike Murchison and David Hariri. The story underscores the importance of perseverance and having the right founding team.

Will Your Ego Be The Death Of Your Career? 


by Edward D. Hess and Katherine Ludwig, coauthors of “ Humility Is the New Smart: Rethinking Human Excellence in the Smart Machine Age “. This may be good news or bad news, depending on who you are: The day of the aggressive know-it-all who steamrolls over colleagues is drawing to a close.