article thumbnail

Are You Properly Managing Your Core Competency?

Startup Professionals Musings

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your secret sauce, you need to keep the work in-house. Dont count on contracts and non-disclosure agreements to save you.

article thumbnail

Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. It was a way to make it hard for your competition to compete. It was 1991.

Valuation 466
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Lawyers Don’t Run Startups

Steve Blank

Why Entrepreneurs Hate Lawyers. Our conversation led us to Scott Walkers post Why Entrepreneurs Hate Lawyers and why we both recommend that entrepreneurs print it out and tape it to their wall. When I was a younger entrepreneur my answer would have been, “Ok. I was having coffee with a friend who teaches at the U.C.

CTO Hire 287
article thumbnail

If you build it, they won't come, unless.

A Smart Bear: Startups and Marketing for Geeks

Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Great," I always exclaim, sharing the thrill of modern software development, "so how will people find out about this brilliant website?". We're going to get reviews on blogs.". Making Oprah cry.

article thumbnail

Google Engineer: How We Interview, How I’d Beat Us for Talent, & How Non-Technical Founders Should Approach Devs

View from Seed

Saurya Velagapudi is a senior software engineer at Google, based in their Cambridge, Mass., We also talked about how he’d want to be interviewed if approached by a non-technical startup founder. (I’ve Google tries to cover a variety of topics, from the bare minimum, “Can you code?”

article thumbnail

Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

It’s a great survival strategy for small companies or entrepreneurs, and a good expansion strategy for even the largest companies. As an example, a few years ago I worked for small software company selling an expensive enterprise workflow product. The right place to start with a good joint non-disclosure and non-compete agreement.

article thumbnail

Your Toughest Competitor May be Your Best Partner

Startup Professionals Musings

It’s a great survival strategy for small companies or entrepreneurs, and a good expansion strategy for even the largest companies. As an example, a few years ago I worked for small software company selling an expensive enterprise workflow product. The right place to start with a good joint non-disclosure and non-compete agreement.

Partner 225