Sat.Nov 10, 2012 - Fri.Nov 16, 2012

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Decisions and Outcomes

This is going to be BIG.

It is statistically possible for a manager to pinch hit for his best player in Game 7 of the World Series and have the scrub off the bench win the game with a hit. That doesn't mean it was a good move. Good outcome, bad decision. In the entrepreneurial world, there are lots of examples of great teams being funded for good ideas that still don't make it.

strategy 247
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6 Clues That You May Be Cool as an Entrepreneur

Gust

Google's Larry Page image via Coolspotters.com. A while back, when a startup founder mentioned to me that he wasn’t sure he had the personality to be an entrepreneur, I realized how important that insight was. My first thought is that if you are more annoyed than energized by expert advice, team suggestions, and customer input, then you should probably avoid this line of work.

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All Markets Are Not Created Equal: 10 Factors To Consider When Evaluating Digital Marketplaces

abovethecrowd.com

Since Benchmark’s investment in Ebay 15 years ago, we have been fascinated by online marketplaces. Entrepreneurs accurately recognize that the connective tissue of the Internet provides an opportunity to link the players in a particular market, reducing friction in both the buying and selling experience. The arrival of the smartphone amplifies these opportunities, as the Internet’s connective tissue now extends deeper and deeper into an industry with the participants connected to the marketplace

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Turn “process” into “game.”

Berkonomics

Most of us are driven by the competitive spirit, the desire or need to win. It reinforces self-worth, provides closure at the end of a good effort, and energizes us during the effort to achieve. Many of us as managers – and our employees as workers – are driven by process, actions required to achieve a result. And many of these actions are repetitive to a fault, contributing to boredom and ultimately to restlessness and desire for something new, in or out of the company.

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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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The Leadership Opportunity in the NYC Innovation Community: Quantitatively Proven

This is going to be BIG.

When I was in high school, I got pretty intimidated right off the bat. I went to a scholarship school and I felt like I was the last guy they let in. As early as freshman year, everyone seemed to know what they were good at and had already found lots of interests. The best and brightest rose to the top quickly and I didn't believe I would ever break into that crowd.

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Partnerships for startups: key deal terms

Tomasz Tunguz

Yesterday’s post on distribution partnerships for startups elicited a few comments and questions about other important elements startups should consider when contemplating partnerships. I’ve listed a few other major partnership elements below. Qualifying the Partnership. Quality of inbound traffic - As part of measuring the cost/benefit of a partnership, it’s critical to understand quality of traffic/customers from a distribution partnership, as @jamesreinhart pointed out.

startup 40
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Our Most Recent Marketplace Investment, DogVacay from Los Angeles

abovethecrowd.com

Earlier today, DogVacay, an exciting new startup in Los Angeles, announced that Benchmark Capital has led its most recent round of financing. DogVacay is an online marketplace that links dog owners with passionate dog care providers who open up there own home as an alternative to the traditional cage-oriented kennel. At first blush, a web site that allows owners to book a “Dog Vacation” for their esteemed pet may seem like an unusual choice for a venture investment.

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If it Didn’t Happen on Twitter it Didn’t Really Happen. Here’s Why

Both Sides of the Table

I wrote this post a long time ago. When I did it was a little too close to home for a company to have me publish it. Much time has passed. And I felt it was instructive still so I thought I would publish. I decided to water down some details to protect the innocent. But both stories are still accurate. I hope it still resonates. A while back I received a frantic phone call from the CEO of a company in which I invested.

media 336
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Honest cultures in startups

Tomasz Tunguz

This morning NPR profiled an education researcher comparing and contrasting the way different cultures approach intelligence and learning in schools. Though the debate about education methodologies is fascinating, I found the one of the stories in the report reminded me of the importance of transparent cultures in startups. In 1979, Jim Stigler, a researcher from UMich went to study education in Japan.

culture 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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Honest cultures in startups

Tomasz Tunguz

This morning NPR profiled an education researcher comparing and contrasting the way different cultures approach intelligence and learning in schools. Though the debate about education methodologies is fascinating, I found the one of the stories in the report reminded me of the importance of transparent cultures in startups. In 1979, Jim Stigler, a researcher from UMich went to study education in Japan.

culture 40
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The stewards of vision and culture

Tomasz Tunguz

Vinod Khosla penned a great overview of the three phases of a company this weekend. He identifies the hub and spoke phase, the organized chaos phase, the functional management phase. Once a founder has experienced each of these phases, it’s easy to identify the them in retrospect. But companies don’t transition from one phase to another in discrete steps.

culture 40
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Distribution partnerships for startups

Tomasz Tunguz

When a startup is approached by an established company about partnership, it can be a very exciting time. Sometimes partnerships change the trajectory of a startup. Other times, the weight of partnerships can crush startups. Servicing a much larger partner’s needs with a small team can be a full time job and deprive the startup of any time to advance their independent projects.

startup 40
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Memories of an Unconnected Era: Searching for Sugar Man

Both Sides of the Table

Many people reading this will be digital natives. These are people who don’t remember an era in which we were unconnected. There is no doubt that technology brings benefits to our lives and I have been a heavy user of tech since I was 13 (in 1981). I was connecting to online communities as a teenager on a 9,600 baud modem which is considerably slower than you can even imagine connecting today.

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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.