2010

Startup Valuation: How Much Is Your Company Worth?

Seed Stage Capital

Part of my job description involves prepping startups to raise capital. One of the most common issues that concern entrepreneurs is how to address the "Valuation Question." " I understand this concern; raising money puts a very

The Shortcut We Took to Build Yipit in Three Days

Vinicius Vacanti

Family, friends, journalists, potential investors and palm readers will tell your idea is brilliant or foolish but they don’t really know. Very few ideas are clearly amazing. The success of most ideas is very much unclear. So, how can you find out if your startup idea is good or bad?

Email 115

Trending Sources

What’s A Startup? First Principles.

Steve Blank

Success consists of going from failure to failure without loss of enthusiasm. Winston Churchill. Everyone knows what a startup is for – don’t they?

Invest in Lines, not Dots

Both Sides of the Table

Everyone seems to be in such a rush to get shacked up these days. In normal times investors will look for “traction&# before investing. We want to make sure we’re in love.

5 Lessons from 150 startup pitches

A Smart Bear: Startups and Marketing for Geeks

I just reviewed several hundred startup pitches for Capital Factory. Most were on paper and video; 20 were invited to pitch in person. Interesting patterns emerged: Everyone makes the same classes of error. Those who avoided just one of those errors stood out in the crowd.

More Trending

8 Things to Look for When Hiring Startup Talent

Instigator Blog

Once you have an aggressive system in place for building a recruiting magnet and sourcing talent you need to have a clear sense of what to look for in each potential candidate. When initially sourcing, you don’t need to spend a ton of time reviewing people’s profiles, analyzing resumes, etc. You just find interesting people and connect. But as you dig deeper, or when someone applies and you want to evaluate that application, you do need to key in on a few things.

14 Ways To Be A Great Startup CEO

OnStartups

Everyone thinks that being a startup CEO is a glamorous job or one that has to be a ton of fun. That's what I now refer to as the "glamour brain" speaking aka the startup life you hear about from the press. You know the press articles I'm talking about.

Good enough never is (or is it?)

Startup Lessons Learned

One of the sayings I hear from talented managers in product development is, “good enough never is.” It's inspirational, always calling the team to try harder and do better. It works to undermine excuses for poor or shoddy work

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Startup Business Development Strategies: 7 Tips For Putting.

Seed Stage Capital

Business development is fun. Putting together partnership deals requires a special combination of hustle, strategic thinking, technical chops, project management, and sales and negotiation skills. It's a bit like a triathlon

6 Things You Need to Learn To Build Your Own Prototype

Vinicius Vacanti

This is the fourth part of a series on becoming your own technical co-founder. In 2008, we couldn’t find a technical co-founder for Yipit. I’m writing about how I became our technical co-founder. Hopefully, I’ll encourage other entrepreneurs with a dream but no technical co-founder options to take their destiny into their own hands. Disclaimer: If you know a great technical co-founder that wants to work with you, join them. This series is intended for everyone else. Learning Python.

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Job Titles That Can Sink Your Startup

Steve Blank

I had coffee with an ex student earlier in the week that reminded me yet again why startups burn through so many early VP’s. And after 30 years of Venture investing we still have a hard time articulating why.

Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

One of the most influential books of my career is The Innovator’s Dilemma by Clay Christensen. I cannot recommend it enough for people in the technology or media sectors.

Real Unfair Advantages

A Smart Bear: Startups and Marketing for Geeks

This is Part 2 of the series: 5 lessons from 150 startup pitches.??? What if someone copies your awesome business idea?

Startup CTO or Developer

SoCal CTO

I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up.

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How to get a job at Google, interview questions, hiring process

Don Dodge on The Next Big Thing

The Google hiring process is designed to hire the most talented, creative, and articulate people in the world who will be the best fit for Google. The Google culture is different. You notice it the moment you walk on campus. It isn’t for everyone, but it works amazingly well for Google.

Visual Guide to NoSQL Systems

Nathan Hurst

There are so many NoSQL systems these days that it's hard to get a quick overview of the major trade-offs involved when evaluating relational and non-relational systems in non-single-server environments. I've developed this visual

4 Ways to Align Startup Founder and Investor Interests

Instigator Blog

Are investors and startup founders on the same side of the table, or the opposite side? A: Depends. When things are going well, everyone feels like they’re on the same side of the table. When things are going not so well, it’s a different story.

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs

www.forentrepreneurs.com

7 Reasons Why You Need To Work For A Big Company

OnStartups

The following is a guest post by MArk Stephens. Mark is the founder and CEO of IDR Solutions. Check out his blog at [link] or follow him on twitter at @JavaPDF. Large companies tend to be regarded as dull and unsexy. All the real action and fun is at small startups (preferably Web 2.0 at the moment).

If you’re aren’t getting rejected on a daily basis, your goals aren’t ambitious enough.

Chris Dixon

My most useful career experience was about eight years ago when I was trying to break into the world of VC-backed startups. I applied to hundreds of jobs: low-level VC roles, startups jobs, even to big tech companies. I got rejected from every single one. Big companies rejected me outright or gave me a courtesy interview before rejecting me. VCs told me they wanted someone with VC experience. Startups at the time were laying people off.

How We Knew When to Launch Our Startup

Vinicius Vacanti

From a PR perspective, I like to think of the internet as an ocean full of schools of fish. There’s the TechCrunch school, the NY Times school, Lifehacker school, HackerNews school and thousands of others.

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Perfection By Subtraction – The Minimum Feature Set

Steve Blank

“ By knowing things that exist, you can know that which does not exist.&#. Book of Five Rings. I was having coffee with a former student who was complained that my idea of building a first product release with a minimum feature set was a bad idea.

Want to Know the Difference Between a CTO and a VP Engineering?

Both Sides of the Table

I recently did a post for startups on understanding sales people. A few people have asked me to try and define the perfect startup organization chart. I don’t believe that one exists. Every team configuration is different. But I do have more insight into understanding your startup team.

CTO 148

Solving the "marketplace" business model

A Smart Bear: Startups and Marketing for Geeks

A sizable percentage of Capital Factory startup submissions take the form of the "marketplace." In fact, 3 of the 10 selected companies from the past two years has followed this business model.

Caution 2.0

SoCal CTO

Just saw this tweet fly by: Unfortunately, this CTO happens to be the CTO of a restaurant chain which was probably the reason that this was tweeted. But the point is pretty simple.

CTO 52

Ten Top Product Pricing Models for Startups

Startup Professionals Musings

One of the toughest decisions for a startup is how to price their product or service. The alternatives range from giving it away for free (like Twitter), to pricing based on costs, to charging what the market will bear (premium pricing).

Subscriptions are the New BLACK. (+ why Facebook, Google, & Apple.

500 Hats

I'm on a redeye to NYC, supposed to be working on a presentation i'm giving in a few hours. but fuck it, i can't get this outta my head, so here we go. note: extremely raw, uneven, long, 1st draft publish & shoot; will revise l8r

A Postmortem Analysis of Standout Jobs

Instigator Blog

It’s been a number of months since I announced that we sold Standout Jobs. In that time I’ve gone through a myriad of emotions and cyclical arguments in my head about the entire process of starting Standout Jobs, running it and selling it. I’ve read a number of great (and heartfelt ) postmortems of late, and then read Eric Ries’ blog post: Stop lying on stage.

How to pick a co-founder

venturehacks.com

Venture Hacks Good advice for startups. SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision.

Why PHP Is Fun and Easy But Python Is Marriage Material

OnStartups

I think a lot about choices and decisions at startups. That is the life of a software entrerpreneur: It’s a stready stream of hard work, occasionally punctuated by some really hard decisions.

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The Yin and Yang of Product and Engineering

A VC : Venture Capital and Technology

For a tech company, product and engineering are the heart and soul of the business. When I do a quick mental query of headcount across our entire portfolio of ~30 companies, I think at least 50% and maybe as much as 60% of the entire headcount of our portfolio is in either product or engineering. Many of the founding teams we back include a strong coder and a strong product person. A typical configuration is the founding CEO is also the "VP Product" at the start.

How New Ideas Almost Killed Our Startup

Vinicius Vacanti

Odysseus resisting the Sirens. On my three year startup journey that lead to Yipit , I had over 30 other completely unrelated ideas. Each time I got the idea, I would immediately start sweating profusely for three straight hours in a ridiculous state of unbridled excitement and optimism. Sounds great, right? Not really. Those new ideas and the emotional frenzy were a serious distraction.

No One Wins In Business Plan Competitions

Steve Blank

Last week one of the schools I teach at invited me to judge a business plan contest. I suggested that they first might want to read my post on why business plans are a poor planning and execution tool for startups. They called back laughing and the invitation disappeared.

Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed.