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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. So far from not taking advice from other people – I want more advice, more data points, more opinions.

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Extra Crunch roundup: Build a founding team, choose a VC and recruit your board

TechCrunch

His initial advice? ” In a related article, Gregg Adkin, VP and managing director at Dell Technologies Capital, shared the framework he’s developed for helping founders set up their board. .” Use discount code ECFriday to save 20% off a one- or two-year subscription. .

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How to Manage a Board

Y Combinator

One of the most common questions we hear from founders is “How do I manage my board?” It’s something that provokes anxiety, because this is the first time the founder/CEO is subject to external supervision, and the board has powers that include the firing of the CEO and the senior management. But first, what’s the purpose of a board?

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How to Build an Effective Trial for Your Product

Entrepreneur's Handbook

Effectively, all consumer-focused products with a trial using this model (such as ​Headspace​ , ​Peleton​ , ​Spotify​ , etc.) If you’re building a consumer product right now, don’t overthink this; just use a credit card trial upfront. The best advice to early-stage companies is to default to being generous here.

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TechCrunch+ roundup: Immigration law Q&A, finding your problem, why a16z pitched Deel

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. In a TechCrunch+ guest post, he shared three fundamental pieces of advice for new founders. Klaviyo co-founder Ed Hallen’s 3 top pieces of advice for launching a startup. Raising a Series A in a market of mixed messages. Stay tuned!

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Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend

TechCrunch

This way of growing users, by getting third-party brokers to use Wefox to advise their own customers, is how CEO and founder Julian Teicke reckons helped the company double its revenues to $320 million last year. “Our model enables Wefox to drive a superior financial profile which puts us on a clear path to profitability.”

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Does your board give you good advice?

Berkonomics

This may be news, but boards of directors can offer bad advice. Having served on more than forty boards, I’ve seen such a variety of good and bad advice that my stories could fill a book. (oh, They have…) So, lets delve into board composition, risk of an unbalanced board, and one of those stories….

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