Sat.Jul 22, 2017 - Fri.Jul 28, 2017

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Some Rules for Fundraising

This is going to be BIG.

Fundraising sucks. No one likes it. Founders don't start companies so they can spend half their time asking people for money and VCs don't love the dance either. However, it's a necessary animal, so the least everyone can do is act professionally, and most of all value each other's time. That's what I'm most frustrated by--the lack of respect for other people's time.

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How to Establish a Legal, Effective Hiring Process

Entrepreneurs' Organization

Vethan Law Firm P.C. for Entrepreneurs’ Organization. Are you an entrepreneur or startup founder who is starting to hire employees? Then it’s critical to be aware of the legal considerations of hiring. The Federal Department of Labor enforces legal policies for employment and is the organization responsible for the Office of Federal Contract Compliance Programs (OFCCP) and the Office of Disability Employment Policy (ODEP), which oversees the American with Disabilities Act (ADA).

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Find your “teacher customer.”

Berkonomics

Your customers know what they want more than you do. Find one to teach you. Close. This week’s insight came from personal experience and from a good friend who advanced the notion of the “teacher-customer” years ago. I internalized this phrase, recalling the many times I had partnered with customers to design new feature-functionality into my hotel computer system back when such systems were brand new to the industry.

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Five Years of FundersClub [INFOGRAPHIC]

FundersClub

This week, the FundersClub community celebrates its 5th year anniversary. We are deeply grateful for the support of so many incredible startup founders, investors, VCs, and other community members since our inception. We've put together a visual to help you explore our community's progress and story to date. View the interactive infographic.

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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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Labor Arbitrage Comes to Silicon Valley

Tomasz Tunguz

Last week, I wrote about the decline of investments in San Francisco startups. On Hacker News, this post engendered a lengthy conversation on the challenges facing founders and start-up employees in San Francisco. In short, the cost of living in San Francisco and the Bay Area has reached untenable and unacceptable heights for many. The average one-bedroom apartment in San Francisco costs $3500 per month.

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10 Common Cap Table Mistakes

Entrepreneurs' Organization

Every capitalization table (cap table) problem stems from two basic principles: lack of institutional control and excessive versions. Having to request your cap table from a law firm is a barrier to consistent and accurate updates. And once you have made the changes, it can be difficult to remember and communicate which version is the most up to date.

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How Developed is Global Venture Capital Market?

Tomasz Tunguz

Just where is the US venture market relative to the rest of the world? After most US analyses I publish, a few founders in other geographies ask questions about their own. These inquiries made me wonder, how has the global market evolved? The chart above shows the compound annual growth rate of venture investment rounds A through D in ten fastest growing venture markets plus the US from 2010-2016.