Sat.Sep 28, 2013 - Fri.Oct 04, 2013

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Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

'If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” From the hyperbolic Jason Calacanis weighing in that “The petty VC’s did everything to deride [Naval, the co-founder of AngelList]” as though the industry was collectively s g its pants that AngelList was going to put us out of business.

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What the End of Coworking at General Assembly Means for New York

This is going to be BIG.

'Nothing. Yeah, it doesn''t mean anything. Chill out. General Assembly isn''t really a coworking company. It''s been an education business for quite a while now, if you haven''t noticed--and it''s a business they''re damn good at. By professionalizing startup education in NYC, GA has made a huge impact in the community. By number, most of the people who pass through its doors are there for classes, not to work.

coworking 271
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Start a deal room and keep it current.

Berkonomics

'Maybe you have not heard the term, “deal book.” That’s a comprehensive piece on a company for use by a buyer in determining fit. A “deal room” is an electronic or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Deal rooms contain access to or copies of all significant contracts with suppliers, customers, consultants, and others.

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Deserve is a Toxic Word

Tomasz Tunguz

Deserve is a toxic word. During my junior year in college, I trained like crazy to make the varsity boat on the crew team. Two workouts per day for six days a week during the four week Christmas holiday and on through winter training. That winter, I set a personal record for a 2000m sprint. In April, we left for Georgia and Augusta River for spring training where our coach seat raced the team to decide the varsity lineup.

40
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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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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

'CEO transparency. It almost sounds uncontroversial. A CEO should tell her staff everything! Right? Right?!? Of course not. It’s a hard topic to write about because it’s almost an accepted norm that total transparency is good. It is not. For starters let me use “CEO” as a proxy to include her “inner circle” which might mean co-founders or might just mean senior execs of the business.

startup 417

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Conversion: The Most Important Internet Metric of All (Revisited)

abovethecrowd.com

'Over 13 years ago, in March of 2000, I wrote a blog post titled “ The Most Powerful Internet Metric of All. ” The key thesis was this: if an Internet company could obsess about only one metric, it should be conversion. No other metric so holistically captures as many critical aspects of a web site – user design, usability, performance, convenience, ad effectiveness, net promoter score, customer satisfaction – all in a single measurement.

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Which of the Five Types of Data Science Does Your Startup Need?

Tomasz Tunguz

Credit: O'Reilly. Startups, you are doing data science wrong. That’s the title of a post penned by Ryan Weald in GigaOm this week. Weald echoes DJ Patil’s idea : “product-focused data science is different than the current business intelligence style of data science.”. Weald points to a different model of data scientist, an engineer, not a statistician, who can perform queries and based upon some insights, improve the product with a few code changes and a push to git.

startup 40
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Putting an End to the Dark Ages of Local Businesses

Both Sides of the Table

'It’s stunning to me how quickly we take for granted certain conveniences in our lives that go from Eureka to minimum expectation. Take OpenTable. In the old days we used to call a restaurant to book. The hostess worked from 4-10pm so you had to call during these hours. Between 7-10 she was busy seating guests so had to put your on hold. After hours there was the answering machine.

advice 324
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The 3 Competitive Defenses of Enduring SaaS Companies

Tomasz Tunguz

A technology advantage isn’t enough to build an enduring enterprise SaaS company because at the core, all SaaS software share the same architecture. A relational database stores data and a web site presents the data. This is true for CRM (Salesforce), marketing automation (Marketo), email (Exchange), content management systems (Sharepoint) and so on.

SaaS 40
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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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The Single Best Content Marketing Channel for Your Startup

Tomasz Tunguz

The single best content marketing channel is email subscriptions powered by Twitter/social media distribution. Thirty days ago, I began an experiment with this blog to determine whether email, Twitter or RSS would be the better content marketing channel. My goals with RSS, Twitter and email are two: first to maintain a relationship with a reader longer than a single website visit by creating a communication channel and second to use that marketing channel to drive re-engagement.

startup 40
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Why Founders Can’t Afford to Have Any Weak Links

Both Sides of the Table

'As I have argued before, a few key people in every organization can make a huge difference on its success. Even for very large companies or even at a citywide level. But that doesn’t forgive the CEO, the board or for that matter anybody in an organization from allowing weak links. In fact, nearly every team work with I encourage them to think about succession planning in the event “that somebody gets hit by a beer truck.” I don’t know where I started using the phrase but

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