September, 2018

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How to Rock a Short "Office Hours" Meeting

This is going to be BIG.

Whether you’re going through an accelerator or you’re at some kind of speed dating event, short “office hours” meetings present both an opportunity and a problem for investors. It’s a great way to get out from behind the e-mail and actually meet people face to face. However, it’s a terrible way to get your whole pitch in. There’s just not enough time to convince someone to invest and have a productive back and forth.

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A Scorecard: Should a decision be fast, or slow?

A Smart Bear

We all know that startups should make decisions quickly. Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead. But some decisions should not be made in haste, like a key executive hire , or how to price , or whether to raise money, or whether to invest millions of dollars in a new product line.

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Behind the scenes: The challenges of building an EdTech startup

Startup Grind

Are you thinking about building the next big thing in EdTech? Well, I have to say that the journey is really amusing but extremely challenging at the same time! Many have tried to revolutionize education and failed. That’s why you need to make sure you are up to the challenge and ready for a very long journey and not in it for a quick exit! I want to share with you some of the lessons I learnt (and still learning) while building Knowledge Officer , a career-oriented learning platform for profess

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20 Women Entrepreneurs Changing Their Industries (and the World)

Entrepreneurs' Organization

While women have long contributed to and led businesses , it wasn’t until the 20th century that we saw women taking their place alongside men in the working world in greater numbers. From wartime icon, Rosie the Riveter, to small screen working woman, Carol Brady of the Brady Bunch , women steadily became seen as a critical component of the workforce, today founding and leading many of the most important companies on earth.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Childcare in a Coworking Space? Here’s How Some Companies are Making it Work

Turnkey Office Space

Flexible and remote jobs have broad appeal in today’s economy, but they’re especially enticing to parents. This demographic values the ability to make their own schedules so they can accommodate their children’s naptimes, doctor’s appointments, and school pickups. However, working from home can be isolating, and these parents usually still need regular child care to … Continue reading Childcare in a Coworking Space?

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How to Break into a Senior Business Position at a Growing Startup

This is going to be BIG.

You’ve got a great resume. You went to top schools, trained at a prestigious bank/consulting firm/etc, and you’ve succeeded in the corporate world doing some important and impactful stuff. Now you want to take that skillset over to the startup world and you’ve got a lot to offer. You can bring some serious business chops to a company that is going up and to the right but needs to take it to the next level.

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When “fits and starts” is the most efficient path

A Smart Bear

You roll down the windows and wear a helmet when you take your car to the track. This does not make me less terrified of a fiery death. The American Autocross champion was sitting in my passenger seat screaming at me to not let my foot off the pedal until I bounced off the RPM limiter. She was properly intense. I didn’t know what I was doing, but it’s fun to power through curves in a high-speed tenuously-controlled skid in my Mini Cooper S (plus Cooperworks).

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Access is the Scarcest Commodity in Startupland

Tomasz Tunguz

The SEC announced last week that it wants to find ways to let Main Street investors access stage private venture companies. This news item underscores an important trend that is reshaping the industry. Today in Startupland, startup access is the scarcest commodity. Everybody wants an allocation, an opportunity to invest in the very best companies. The SEC story highlights how much has changed in Startupland.

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Monday Motivation: Bumper Sticker Edition

Entrepreneurs' Organization

A version of this article originally appeared on the EO Melbourne blog. The content has been edited and reprinted here with permission. When the traffic flow is slow-going, how do you amuse yourself? Do you ever find yourself reading the bumper stickers on the cars around you? Some bumper stickers are funny. Others are political. Plenty are inspiring, and a few are confrontational.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Should You Try For a Spot in a Business Incubator? The Pros and Cons

Turnkey Office Space

Business incubators can be very enticing for new entrepreneurs. They promise things like an instant mentorship network, camaraderie with other startup owners, shared resources like office space, and even the potential for funding. However, before you dive into the application process for any business incubator, there are several things to consider. First of all, although … Continue reading Should You Try For a Spot in a Business Incubator?

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Conviction, Diversification, and Portfolio Construction

Haystack

Sometime within the last 48 hours, I tweeted about a potential test for an investor’s true conviction in a company he or she invests in. Specifically, I wrote: Investment “conviction” is a really overused term. If you want to test it, most investors’ LPAs permit them to invest 10%, in some cases 20%, and for some funds, no restriction, into one startup.

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Syllabus: how to launch, manage, and invest a VC fund

David Teten VC

Over the past decade, I’ve (somewhat accidentally) put together on this blog a syllabus on how to launch, manage, and invest a VC fund. Most of my research is also relevant to private equity. I thought it would be helpful to compile my past articles in one place. I break the process down into 10 steps: 1) Launch. The first issues to think about are org chart, incorporation, financial structure, and so on.

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The 2018 State of Coworking Spaces

Deskmag

Coworking spaces are growing. Each year they offer larger workspaces and serve more members than the year before. These findings are not new. But what does a detailed view of coworking spaces look like presently? In this article, you will learn not only about membership numbers, but also how they divide their expenditure and revenue, how many locations they operate, where they are located, or what internet speeds they offer.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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We’re Overthinking Seed Round Signaling Effects

For Entrepreneurs

There is much hand wringing in the startup ecosystem about various forms of signaling between the seed and A rounds. Conventional wisdom, and advice, abounds: entrepreneurs should never include a venture firm in their seed round because it’ll scare other VCs off from pursuing the A. After all, the “insider” VC has more information and.

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Tech Tools for Building Employee Retention

Entrepreneurs' Organization

Written for EO by Anand Srinivasan. A 2018 study published by Mercer, one of the leading human resources consulting firms in the world, found that over one-third of all employees surveyed expressed an intent to quit their current job within the next 12 months—despite the fact that the vast majority of them also reported being satisfied with their jobs.

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In Early Markets, Services Can Be a Competitive Advantage

Tomasz Tunguz

In early markets, customers prefer entire solutions, not best in class point products. These solutions often include significant professional services and education. At the beginning of a new wave, most customers don’t understand the technology well. So, they seek experts to guide them. Companies that provide services and education often win the early market.

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Putting The Money To Work

Haystack

About two years ago, when I was starting to raise Haystack IV, I sat down with one of my VC mentors at The Upfront Summit in LA to get his quick feedback on my slides. He ended up focusing only on 2-3 slides and then we got into a discussion about his own fundraising history. As we were walking back into the sessions, he asked me how I was balancing the act of fundraising for a fund with investing the capital from a previous fund.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Another personal story: Timing is everything in a sale.

Berkonomics

Almost anyone who has sold a company has a story to tell about their good deal, the problems with the buyer, a last-minute change of terms, or more. I have saved this next story until now because it is one of my favorites, and certainly illustrates the point about timing being a combination of luck and skill as well as anything I could devise from fiction.

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Operators & Staff Members: The People Behind Coworking Spaces

Deskmag

Who is actually working for coworking spaces? Predominantly women, however, they generally earn less income than men. Even female founders and owners earn less and are more likely to rate their income negatively. They more often operate smaller coworking spaces. In this article, you’ll learn about staff in coworking spaces, how many people are working for them, and the ratio of staff to members.

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Onboarding your first Sales Hire as an Entrepreneur

For Entrepreneurs

In today’s blogpost I would like to introduce my partner for Zero to 100, Stephanie (Schatz) Friedman. Stephanie has been an executive in 3 successful startups and was most recently the SVP of Sales and Customer Success at Xamarin which has since been acquired by Microsoft. Stephanie joined Xamarin as its first non-engineering hire in.

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5 Lessons I Learned as a Start-up Entrepreneur—That You Don’t Have To

Entrepreneurs' Organization

Written for EO by Will Dugdale, CTO and co-founder at Zipcube. The only fact you can reliably say about being a start-up entrepreneur is that you will be surprised, regularly, by things you have not—and could not—anticipate. As a CTO of an e-commerce, I have discovered many things that would have been useful to know earlier in my journey. Some of these are technical—concerning code and architecture—but most of these lessons concern people who you work with, and rely on, every day. 1.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Elastic S-1 Analysis - Another Open Source Monster

Tomasz Tunguz

Last week, Elastic filed their S-1 to go public. Elastic is a Dutch company founded in 2012. Just five years later, the company generated $159.9M in revenue. Elastic commercializes open source software called the Elastic Stack, a set of different products that enable users to search and store data in many different sources and formats. This software is used for application search, website search, enterprise search, application performance monitoring, and analytics for business and security data.

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Rolling Closes Versus Synchronous Closes

Haystack

Earlier this week, in the wake of Y Combinator’s Demo Day, I saw a tweet go viral and generate lots of chatter. The tweet was written by YC’s President, Michael Seibel. I’ve never met Seibel (yet) though, of course, have heard amazing things about him from everyone I know and admired his style from afar. His tweet reads: New weak investor move.

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Everything you do adds or reduces company value

Berkonomics

Each decision you make to commit resources – your money or your use of corporate or personal time – affects the future value of your business. Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test.

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Prepare to Scale: 3 Simple Ways to Get Ready for Growth

Turnkey Office Space

Most businesses strive for growth. However, many also find themselves not quite ready to handle it when it comes. Once your company is launched and you’re stuck managing its day-to-day challenges, it’s not as easy to go back and change the business’ foundation: the systems, process and people it relies on to run.

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How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

PCI compliance can feel challenging and sometimes the result feels like you are optimizing more for security and compliance than you are for business outcomes. The key is to take the right strategy to PCI compliance that gets you both. In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization.