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Snowflakes in the Valley: What Happens When 40 Nordic Entrepreneurs Visit Silicon Valley

ReadWriteStart

The Internet might be truly global then, but the world of startups still revolves much around Silicon Valley. To my surprise, the ideas and technology behind that startups were not superior to the ones we have in Finland. The incubators and co-working spaces are on par with what we have. Silicon Valley is a hub.

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Lessons Learned: The lean startup

Startup Lessons Learned

For example, one angel investor reportedly invested in several hundred social networking ventures employing this philosophy. That being said, I do see problems with the conventional wisdom especially in the valley with your technical vision, which then creates economic problems. Take a look and let me know what you think.

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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

For eBay, this is caused by the incredible network effects of their business (so-called demand-side increasing returns and supply-side increasing returns). This has led to exponential growth. For Neopets, its simply a side-effect of their game-like product design. Take a look and let me know what you think.

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Lessons Learned: Customer Development Engineering

Startup Lessons Learned

Customers found it confusing and it turned out to be at odds with our fundamental value proposition (which really requires an independant IM network). Unfortunately, positioning our product as an "IM add-on" was a complete mistake. So we had to completely throw that code away, including all of its beatiful tests and specs. Talk about waste.

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How to listen to customers, and not just the loud people

Startup Lessons Learned

This was 2004, and we had never even heard of MySpace, let alone had any understanding of social networking. It required hearing customers say it over and over again for us to take a serious look, and eventually to realize that social networking was core to our business. But the early customers all compared it to MySpace.

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The United Nations: a Network of Networks

Reid Hoffman

The short answer is networks and entrepreneurship. Networks enable communication, collaboration, and coordination that in turn enable innovation. Entrepreneurs find the right innovations from networks and build them into products and services with business models. So, let’s start with networks.

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Lessons Learned: Please teach kids programming, Mr. President

Startup Lessons Learned

I went to excellent public schools (so-called science magnets) that had computer classes, which meant they had networked computers that I could use. If we network them together, theyll answer each others questions and collaborate on projects we can hardly imagine. No logins, no codes, just raw uncensored internet access.