Sat.Apr 25, 2015 - Fri.May 01, 2015

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Why We Invested in @FerrisApp – A New Kind of Video Sharing App

Both Sides of the Table

We recently released the video sharing app Ferris and announced that Upfront Ventures led the funding in the company in our seed round of $2 million and I personally joined the board. We hit the top spot recommended on Apple’s iOS App Store on the day of the launch, which is a testament to the team and all of their hard work. I wanted to spend the rest of the blog post telling you why we decided to fund the company, how we settled on the final product design and our unique way of launching

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Onevest Success Story: Recycled Guitars Shakes Up Industry

Onevest

“ A Bohemian is a person, musician, or artist who lives by his or her own rules and believes in love, freedom, and truth.” When you pair up an oil can with guitar strings, only good things can happen. Just ask Adam Lee, co-founder of Bohemian Guitars. The South African native along with his brother Shaun, launched Bohemian Guitars on Kickstarter in June of 2013.

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Money motivates.

Berkonomics

What a title. Of course money motivates. But there is more to it then this. Salaries or hourly wages must be within reasonable limits set by the industry and matched by the competition, both regionally and for the same job classification. But more difficult is the sticky issue of employee incentive compensation. I find that this is an area much more often the subject of a CEO phone call, a roundtable discussion, or a board compensation committee meeting.

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How to Pick Advisors

Guy Kawasaki

Once upon a time there were two engineering PhDs who were clueless about how to start a company. All they knew how to do was code. They were so desperate for money and adult supervision that when an experienced businessperson showed interest and offered to help raise money, they, in their own words, “followed him like dogs.”. However, this adult didn’t know much about tech startups and caused them to make many mistakes in legal and financial matters.

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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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Community Rot

This is going to be BIG.

Lists are b t. That's what you get a lot of times when you ask people about the latest "25 Startups You Should Know About" in name your tech publication. It's incredibly hard for a tech journalist to know who is actually doing well other than who seems to be good at raising money.or who has actually spent time with them.or who has already been on other lists.

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How Important Is It For a SaaS Startup to be Profitable?

Tomasz Tunguz

The Information reported last week that in 2014, only 11% of tech IPOs in 2014 were profitable when they became publicly traded companies, an all time low stretching back to 1980, when the figure was 88%. This raises the seemingly absurd question, how important is it to be profitable for a startup? After all, growth is the largest determinant of valuation at IPO , not profitability.

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A SaaS History Lesson – The First SaaS Company's Exceptional Journey

Tomasz Tunguz

The first SaaS startup started as a packaged software company. After selling floppy disks and CD-ROMs of expense software in computer software stores, the company changed models for the first time, and sold software licenses directly to enterprises. The company went public on this model in 1998. But soon after the crash of 2001, the startup’s market cap totaled only $8M.

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What an Acquisition of Salesforce Means for Startups

Tomasz Tunguz

Rumors swirled yesterday that Salesforce, the $40B SaaS behemoth, had been approached by an acquirer. Dan Primack speculated this morning that Oracle and Microsoft are the likely candidates. If Salesforce were to be acquired, the SaaS ecosystem would change substantially. Looking at the market caps and the balance sheets of the major enterprise acquirers, Microsoft could certainly acquire Salesforce outright in cash.

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How to Make Pretty Charts

Tomasz Tunguz

When I first started writing, I wondered how I could make charts like those in the Economist or in the New York Times, the beautifully formatted ones. After some research, I figured out how. And this post explains how you can do it, too. Many data scientists use a free open-source language called R. It’s a great tool for processing data and I use R to process all the data for this blog.

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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.