Sat.Aug 16, 2014 - Fri.Aug 22, 2014

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Entrepreneurs Need To Keep Their Business Focused

Gust

'Zappos logo via Flickr by Ben Spark. One of the most common failures I see in startups is lack of focus. Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition.

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How Technical Advisors can Help Non-Technical Founders

This is going to be BIG.

'No one wants to be *that* founder--the non-technical founder poking around developer meetups asking for a unicorn with a Github account. It''s not that there aren''t great technical people willing to take a lot of risk to join a small team--it''s just that there are *so many* people out there looking for them that it''s hard to figure out who to take seriously.

founder 300
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Not A Conventional Company

Tomasz Tunguz

Earlier this week, Google celebrated the tenth anniversary of its IPO. I re-read the Founder’s IPO Letter and found this passage which captured so much about Google’s values: Google is not a conventional company. We do not intend to become one…We will not shy away from high-risk, high-reward projects because of short-term earnings pressure.

culture 40
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The “drop dead” question for a customer survey

Berkonomics

'Sean Ellis, the marketing guru behind DropBox and other successes, advises clients that “The most important question on a survey is, ‘How would you feel if you could no longer use this product?’” He goes on to quantify the response. If more than forty percent of the respondents say they would be “very disappointed,” the product should go viral and be a great success.

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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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What percentage of the business should I ask for if I came up with the idea but didn’t have time to work on the business?

Gust

'As Peter Van Dijck noted, the answer is 0%. “Ideas” are simply not compensated in today’s business world, because there are so many of them out there—even good ones. *original post can be found on Quora @ [link] *.

investing 160

More Trending

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Benchmarking Consumer and SaaS Companies' Path to IPO

Tomasz Tunguz

Consumer companies on the whole tend to grow faster and do so will less spending on sales and marketing, and research and development than SaaS companies. The chart above shows the revenue growth rates of 60 or so recent consumer and enterprise IPOs by years since founding. Enterprise/SaaS companies in the sample achieved very small revenue in their second year and grew consistently through year 8, at which point there’s a decline.

SaaS 40
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Does a startup need a CEO from the start?

Gust

'You certainly don’t need a full executive suite if it is only a few co-founders. However, in my experience every organization needs one person on whose desk the buck stops. You can call this the President, or General Manager, or Executive Director, or Chairman, or Man in the Moon…but it has to be one person who is at the very least the tie-breaker, and ultimately will make the hard calls.

startup 122
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The Three Most Important Trends in the Seed Fund Raising Market

Tomasz Tunguz

If you’re a founder or potential founder and looking to raise seed capital, you’re entering possibly the most attractive period in a decade to start a business. A few weeks ago, we analyzed the impact of Series A and later stage VCs in the seed market. In the past four years, traditional VCs began to invest in seed-stage companies, which led to a rise in the number and size of seeds.

capital 40
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The Four Kinds of Social Capital that Matter When Building Products

Tomasz Tunguz

Though the term k-factor, a measure of the virality of an application, has waned in popularity since Facebook’s sheep-throwing glory days, the idea of spreading a product through referrals lives on. We all know a good referral mechanism when we see one. Dropbox’s invite-a-friend feature which awards free storage for both the inviter and the invited is the canonical example and resulted in torrid growth for the company.

capital 46
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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.