2019

Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

A version of this article first appeared in the Harvard Business Review. VC’s have just changed the ~50-year old social contract with startup employees. In doing so they may have removed one of the key incentives that made startups different from working in a large company. For most startup employee’s startup stock options are now a bad deal. Here’s why. Why Startups Offer Stock Options.

Repeat Founders and the Risk of a False Positive

View from Seed

A number of blog posts recently have mentioned this, but we seem to be experiencing a rise in repeat founders starting new businesses and raising seed capital. We’re also seeing a wave of folks who were not founders, but were star players among the first 25 folks at a unicorn company also starting new companies. As a founder with that kind of experience, you are likely to find that a lot of the typical advice for startups on the internet isn’t quite applicable.

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Digital Transformations: Too little, too late?

deal architect

I find Frank Scavo a great sounding board. He has a way of simplifying things and pushing back when things are buzzword-y. I have quoted him in several books. He has introduced me to case studies I have profiled in. Industry Commentary

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6 Time-Saving Social Media Tools For Startups

YoungUpstarts

by Chris Makara , founder of Bulkly. When you’re running a startup, pennies aren’t the only thing you’re pinching. You’re squeezing every last minute out of your day to “get it all done”, to tackle the to-do list that seems to always be growing. But effective social media marketing takes planning, scheduling, monitoring, engaging, liking…all of which take up more of the time you don’t have to spare.

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

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 their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

8 Keys To Business Success For Entrepreneur Introverts

Startup Professionals Musings

It really is possible for an introvert to succeed as an entrepreneur, even though you can’t expect to start and build a business alone. You need to build business relationships with partners, team members, investors, and of course customers. In fact, all you need to do is follow the model of some famous self-proclaimed introverts , including Elon Musk, Mark Zuckerberg, and Bill Gates.

30 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

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. Each story is different though the reasons may be the same. No matter the tale, the background behind each and every business is what fuels each and brand.

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More Trending

3 Reasons Why Your Success Depends on More Than a Great Product

ReadWriteStart

Creating a high-quality product is just one part of building a profitable business. The reality is that a myopic focus on product development can ultimately prevent you from achieving your business goals. Unfortunately, this notion is one that many growing companies don’t understand until it’s too late. For most companies — and all early-stage startups […]. The post 3 Reasons Why Your Success Depends on More Than a Great Product appeared first on ReadWrite.

Multichannel Attribution: How to Measure the Unmeasurable

ConversionXL

If you’ve ever tried to build an attribution model that wasn’t position-based (i.e. last click, first click, linear, etc.), you might have felt overwhelmed. But customer paths are non-linear and pretty complicated— sooo many things influence conversions. . Most businesses have a lot of data about customer behavior: the devices they use to purchase, ads, competitors’ pricing, keywords, etc. But they can’t make sense of it all.

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Usability Test Reporting: Spend Less Time, Have More Impact

ConversionXL

Usability testing is one of the most effective ways to uncover issues that users have on your website or app. It works whether you’re a behemoth with millions of users or a startup that’s just left the proverbial garage. The problem is that usability testing takes time—time to recruit participants, moderate and watch videos, and compile results.

How To Avoid Startup Burnout And Stay Energized In Business

YFS Magazine

If you have recently started a new business, here are three powerful ways to stay energized, remain inspired and avoid burnout. Lead confidence health and wellness leadership mental health

3 Ways To Ensure Your Start-Up Takes Off

YoungUpstarts

We all know that starting a business is hard work, and growing it is even harder. Every step has to be thoroughly thought out, because if you miss even one, it could mean everything. New businesses are started all the time, but only a few of them last beyond five years. Now that the internet has fostered such an accessible and easy way for people to connect and run their own start-ups, competition has skyrocketed. It’s important to stay grounded before you get ahead of yourself.

Pros and Cons of Hiring a Remote Employee

View from Seed

Throughout human history, our working environments have gone through several huge shifts. From hunters and gatherers to farmers and traders, from farmers to industry factory workers, and from factory workers to the modern day office employee. Today, we are starting to see the next big shift in our type of work environments. With the click of a button, you can be face to face with someone across the globe and that’s impacting how we work with each other.

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Denouement

View from Seed

Like many things in life, the VC/startup ecosystem is one of cycles. Looking back over the last decade it’s remarkable to see how the emphasis has shifted across cycles and what the overarching narrative was.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. What gives? Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses.

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Business Loan vs Equity Financing: How to Fund Your Startup

ReadWriteStart

When it comes to raising money for your startup, there are several ways of doing it. However, out of all startup funding options, the two most popular methods are Loan and Equity. Both types of loans are very different from each other, and sometimes it becomes challenging to choose the right option for your business. […]. The post Business Loan vs Equity Financing: How to Fund Your Startup appeared first on ReadWrite. Entrepreneurs Fintech Fund Startups

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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

Steve Blank

This article previously appeared in the Harvard Business Review. The type of disruption most companies and government agencies are facing is a once-in-every-few-centuries event. Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. And these forces are completely reshaping both commerce and defense.

How Asking Works: A Crash Course in Customer Discovery Questions

Grasshopper Herder

Interviewing strangers is a science as much as an art. Learning how questions actually work can give you fresh insight into the customer discovery process. The post How Asking Works: A Crash Course in Customer Discovery Questions appeared first on GrasshopperHerder.com. Customer Development Lean Startup Generative Market Research Interview lean startup

How New Tech Startups Can Differentiate Themselves

ReadWriteStart

Most tech entrepreneurs get lost in the logistical plans for their businesses. You’re worried about the timetables and deadlines for your developers or how you’re going to stretch your initial capital investment to last a full six months. These are important considerations, especially for AI and IoT startups tinkering with revolutionary new technologies. However, even […]. The post How New Tech Startups Can Differentiate Themselves appeared first on ReadWrite. Startups Tech

8 Keys That Separate Lifestyle From Growth Startups

Startup Professionals Musings

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. More recently, the desire for extra income has become the key driver in new startups, according to the popular press. It seems that more people are focused on money today. Being called a lifestyle entrepreneur should be a point of pride, not an insult.

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The Evolution of SAP Analytics

deal architect

I had been invited to an SAP Analytics influencer summit earlier in the year. Many of the sessions were under NDA, so I had not written about it. However, my notes showed: Ambitious, exciting vision, but fragmented execution across portfolio.

Fractional CTO

SoCal CTO

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How To Take Your Handyman Career To The Next Level

YoungUpstarts

Being a handy-man offers a lot of mobility and freedom. You develop relationships with all your clients and become known in the neighborhood as someone trustworthy. Plus, you know how to fix everything in your own house. This is a huge benefit if you’re trying to do remodeling. No outside costs or discounted costs from co-workers who know parts of the craft that you don’t. But, being a handy-man isn’t an end. There is farther to climb in the house building, fixing, and maintenance career field.

Why Gross Profit Is More Important Than Revenue

Feld Thoughts

I’ve been thinking a lot about gross profit (and gross margin ) lately. Yeah, I know I can be riveting, but stay with me. When I was in Boston a while ago (it was very cold, so it must have been January), I had a wide-ranging conversation with Eric Paley. This was before the IPO Summer of 2019 when all conventional valuation metrics have entered the land of “suspension of disbelief” which is short-term good and long-term well-we-will-see-…-eventually.

What’s the Deal with Seed Funds Waiting for Traction?

View from Seed

I sent a tweet out last week that elicited quite a few responses from both founders and investors: seed funds that don’t invest pre-traction =. — Rob Go (@robgo) November 4, 2019. I could hear the internet nodding in violent agreement. I thought I’d share a few additional thoughts on what may be driving this. First – there are a lot of seed investors out there that don’t actually want to invest in seed. What they really want to do is be a venture capitalist.

A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. “We’re We’re in a new tech bubble!” some have pronounced. Valuations are out of control” is the mantra of others. Others believe that new business models are emerging that could replace venture capital all together.

Zoho's strikingly different global path

deal architect

I have heard Zoho talk about doing business in UAE and Nigeria. That is so different from other cloud vendors which tend to mostly focus on N. America and Europe. Over the last decade, their US revenues have steadily declined. Cloud Computing, SaaS Globalization and Technology

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How to Stop Playing “Target Market Roulette”: A new addition to the Lean toolset

Steve Blank

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models.

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How Do I Know When I’m Done with Customer Discovery?

Grasshopper Herder

Is the customer discovery process one of your pain points? Find out how many interviews you should do, how often, and how to process the information quickly so you can move on to your build in no time. The post How Do I Know When I’m Done with Customer Discovery? appeared first on GrasshopperHerder.com. Customer Development Lean Startup User Experience & Research Customer Segmentation & Personas Generative Market Research Hypothesis Driven Development lean startup

5 Outrageously Innovative Israeli Startups to Watch in 2020

ReadWriteStart

Silicon Valley gets significant attention for its role in producing tech startups that often go on to see massive, international success. However, it’s far from the only startup hub in the world, and it’s not even the only startup hub in the United States.

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7 Questions To Test Your Potential As An Entrepreneur

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” The obvious answer is that you need an idea first, but I’ve come to realize that the process is really much more complex than that.

Drama in enterprise computing

deal architect

Ray Lane, a top-notch tech executive and investor over decades, said this about my new book "Don't be fooled by the title—the book is not just about SAP. It's about drama in enterprise computing." I then used "drama" in the. Cloud Computing, SaaS Enterprise Software (IBM, Microsoft, Oracle, SAP

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A dream team to negotiate with SAP

deal architect

Geoff Scott, CEO of ASUG, wrote this in his foreword to SAP Nation 3.0 "For For many years, licensing was a “third rail” topic: look at it, discuss it among yourselves but don’t ever collectively — as a customer contingent —. Cloud Computing, SaaS Enterprise Software (IBM, Microsoft, Oracle, SAP

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3 Real-Life Practices That Will Change Your Business — And Your Life

YoungUpstarts

by Michael Bianco-Splann, author of “ Conscious Leadership: 7 Principles That WILL Change Your Business and Change Your Life “ Never in our lifetimes has transformative leadership been needed more than now. Take a moment to observe the world we live in.

Women Who Venture

Feld Thoughts

I recently met Renata George through a referral from Katie Rae (MIT Engine CEO, previously Techstars Boston MD). Renata told me about a book she was working on called Women Who Venture and asked me if I’d write the foreword. I was honored to be asked to do this. The foreword I wrote follows. The book is out and available now in hardcover and on the Kindle.

Meet Summer: Our Portfolio Company Changing The Student Loan Landscape

View from Seed

Student loan is a generational crisis – there are 45 million borrowers in the U.S. on the hook for $1.6 trillion in student loan debt, tripled in the last 10 years. When we think about money in the context of everyday living for the next generation of consumers, it’s impossible to ignore the weight of the student loan burden. . Unlike many other aspects of personal finance, student loan is incredibly complex.

High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

I’ve sat on many boards over the past 2 decades and seen my share of high-functioning boards and low-functioning boards. Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much.

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