This is going to be BIG.
DECEMBER 10, 2012
The other day, I'm in a meeting where someone told me an industry magazine that would be relevent to one of my companies. I texted the founder and got the following response: " Yeah. We were in their last issue.". Oh, umm. yeah. well, carry on. A lot of times, I take meetings with companies that feel a lot more like they're on the outside looking in than they should.
Gust
DECEMBER 9, 2012
Image via Facebook. It would be no fun if starting a business was simply plotting a straight line between your idea and success, with no challenges along the way. Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid.
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Both Sides of the Table
DECEMBER 10, 2012
My wife & I have a close friend who recently entered the workforce for his first-ever job. On his first day of work my wife was kind enough to write down words of wisdom from her years on the job. I don’t write about Tania very often – mostly at her request. Otherwise I’d shout from the mountain tops how smart & capable she is.
Berkonomics
DECEMBER 13, 2012
Business cycles are a fact of life, and those of us who have lived through many cycles have gained experience in finding the proper time to step on the gas and when to use the brakes. These next several posts, we will explore a number of ways to build security into your plan, including insights relating to cash management, banker relations, and identifying recurring revenue streams that do not rise and fall with the business cycle… Often we joke together as CEOs that our goal is “world dom
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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.
Tomasz Tunguz
DECEMBER 11, 2012
Tech startups write a ton of code. Broadly speaking, most of that code base is customer facing. But to be successful, the product must be supported by a litany of great “invisible” technology - the internal tools and products that help a company scale. They are the skeleton of the startup. At Google, there were hundreds if not thousands of small internal tools built to solve problems.
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Gust
DECEMBER 13, 2012
There is no one thing (aside from integrity) that is an absolute, and what you need to have when fundraising for a startup will depend to some extent on how you are managing your funding process. A good list of just about everything you could possibly want to have in your arsenal is listed in the answer to What materials or software should I use to pitch a VC?
This is going to be BIG.
DECEMBER 13, 2012
One of the aspects of running a venture fund that I am most excited about is turning over rocks that other VCs might not. I'm less likely to get excited about the next big photo sharing app coming out of YC, and more into going "where no VC has gone before.". Whatever I do, it needs to be in big enough spaces. What are the biggest opportunities? To be really basic about it, everyone on the planet eats, sleeps, and poops--so you could start there.
Tomasz Tunguz
DECEMBER 12, 2012
Great teams accomplish amazing things. But it’s rare for any founding team to have all the constituent parts on the day they start the company. Most startups will need to build a strong management team whose strengths and knowledge complement the founding team. Finding the right people to help starts with being honest. As Swizec of Zemanta wrote yesterday, there simply isn’t enough time in the day for founders to manage all the key parts of a startup: BD, hiring, fundraising, goal setting, produ
Tomasz Tunguz
DECEMBER 10, 2012
Performance marketing is a skill every startup should hone as a core competency as quickly as possible. Performance marketing creates a process where $1 invested in the business creates greater than $1 in output - a growth machine. Building a growth engine. The goal of performance marketing is simple: to determine, as precisely as possible, the expected value of every current and potential user.
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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.
Tomasz Tunguz
DECEMBER 13, 2012
I call the last working week in December Board Week because it’s packed with board meetings. These board meetings are often the most important of the year. By virtue of their place on the calendar, everyone in the room is thinking more strategically, less tactically. These meetings set the tone and strategy for the company for the upcoming year. I’ve assembled a checklist below of top 5 things I’ve seen founders do in and around the end of the year that position their companies for success in th
Tomasz Tunguz
DECEMBER 9, 2012
Believe it or not, this pig has a Twitter account, @impeePiggy. Whenever someone drops change into the pig, the pig counts the change using an optical sensor, increments the savings and tweets the value of its contents using an electric imp. This deceptively intelligent pig has a lot to do with disruption: In a conversation with renowned Harvard Business School professor Clayton Christensen about the newspaper industry, Joshua Benton remarked, “The perception of the incoming disruptors is that t
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