This is going to be BIG.
FEBRUARY 19, 2014
'Go pitch a VC with an idea, and they''ll tell you to build it. Go to them with a prototype and they''ll tell you to launch it. Launch it, and they''ll tell you to get more users. Get users and they''ll tell you to get paying customers. Get paying customers and they''ll tell you to get bigger, enterprise clients. Get enterprise clients and they''ll tell you to get them faster, because it seems to be taking too long.
Gust
FEBRUARY 16, 2014
'Every startup founder I know talks about the chaos of their business, which they usually attribute to that burst of growth that is required to get to positive cash flow. They envision a stable environment after that point, and may have convinced themselves that they will be safer and happier with a livable income, maintaining a loyal but flat customer base.
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Berkonomics
FEBRUARY 20, 2014
'“Everybody’s got a plan – until they are punched in the face,” stated boxer Mike Tyson. My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s statement. Anyone can build a good – or great – plan. Investors have to look behind the plan and at the entrepreneur and his or her team, knowing that, over time, most of us have come to the conclusion that it is the execution of the ever-changing pl
Tomasz Tunguz
FEBRUARY 19, 2014
When a startup is confronted with the prospect of hiring a head of marketing, founders heads often spin. What should be the day-to-day tasks for this person? What skill sets are important? Because of the seeming abstract nature of marketing, founders sometimes delay finding a head of marketing until they feel acute pain, at which point they can clearly identify the attributes of the right candidate.
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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.
This is going to be BIG.
FEBRUARY 17, 2014
'In 2007, I met Rob May for the first time in person at the first SXSW I ever went to. In 2010, I funded his company, Backupify , which has gone on to raise over $19 million in funding and is set to have their best year of revenue to date. I didn''t meet Rob at a big flashy party. We just hung out in a small group of nobodies, having chatted a bit through our respective blogs before.
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Gust
FEBRUARY 19, 2014
'There are two separate and distinct sets of things that you need to look at when evaluating an offer. The first, and most important, has to do with who the investment is from. It is impossible to over-emphasize the value of “smart money” and “good money” over “dumb money” and “evil money” You should do at least as much diligence on your potential investor as they are doing on you.
Tomasz Tunguz
FEBRUARY 17, 2014
Great entrepreneurs can come from anywhere. But do the locations of startups affect their ability to raise follow on capital? Do seed stage companies in the Bay Area face lower likelihoods of raising a Series A because of more competition? Or is it that New York based startups, because of a smaller ecosystem, face more difficulty? Using Crunchbase data , I charted the financing follow-on rates across the 12 US cities in which at least 10 seeds, 3 Series As and 3 Series Bs have occured in the Cru
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