Sat.Jun 13, 2015 - Fri.Jun 19, 2015

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Do Less. More.

Both Sides of the Table

We are experiencing a frenetic time. I rarely talk to any startup entrepreneur or VC who doesn’t feel it and somehow long for simpler times despite the benefits we all enjoy from increased enthusiasm for our sector. For entrepreneurs there’s too much money sloshing around. One would think entrepreneurs would never want less available cash – until such time as their competitors ridiculously and unnecessarily all raise $50 million in the name of a “land grab” thus mak

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TEL 246: The Four Steps to the Epiphany with Steve Blank

The Entrepreneurs Library

A summary of things you should know about The Four Steps to the Epiphany according to Steve Blank. Introduction (0:34). I am an eight time serial entrepreneur. I’ve done eight different start ups in a series of ever increasing roles and after I retired I became an educator and started teaching at Berkley in the business school, Stanford in the engineering school, and now at Columbia and NYU as well.

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Do you know what you do and who else knows?

This is going to be BIG.

I was chatting with a friend about going to work for startup companies, and told her that career development really came down to two simple things: 1. Do you know what you do? Do you offer a clear deliverable , best suited for a particular segment of customers or clients, that aligns with their near term goals ? In other words, do you "do marketing" or do you "help seed and Series A backed companies test and optimize their marketing content, deploy it across multiple channels, and analyze the cu

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The Disruptive Effect of Open Source Startups

Tomasz Tunguz

Open Source Software started the movement in the late 1990s. Since then, open source software has transformed the software industry. Today, many infrastructure software startups employ open source strategies to market their software and win dominant market share. Open source is a disruptive distribution strategy. It allows potential users and buyers of a software to try it, evaluate it, and understand exactly how it works because the source code is freely available.

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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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Why Successful People Focus on the Bottom End of the Funnel

Both Sides of the Table

Business leaders have many tasks to accomplish and prioritizing stuff can be hard. Yesterday I wrote about the need to “ do fewer things, more often ” in which I described that frenzied world we live in and why the shiny objects and distractions stop us from living up to our true potential. Today I’d like to give that advice in more tangible terms and with a framework to think about your tasks – the funnel.

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The five kinds of risk in building your business

Berkonomics

If you could predict a crisis within your business before its occurrence, wouldn’t you move to prevent or reduce its impact? Making such predictions is a skill that can be developed, and here’s one method of doing so. There are five basic kinds of internal risks than a business faces over time. Of course, there are external risks that cannot be controlled or predicted, but can be planned for as well –. natural disasters, sudden political or economic events that rattle the entire economy, and mo

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The Early Winners in the Consumer Hardware Wave

Tomasz Tunguz

There’s a “new” $4B startup today. A consumer hardware company called FitBit started trading on the Nasdaq this morning and it’s an impressive success story. We’ve examined the tremendous revenue growth GoPro experienced in a previous post. Impressively, FitBit is growing faster. As the chart above shows, FitBit grew from $14M to $76M to $271M to $745M in revenue in four years, generating astounding growth rate of 170% per year.

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Which Open Source License Should Your Project Use if You Want to Raise Venture Capital?

Tomasz Tunguz

When deciding to open source software, one of the key questions teams must answer is the license under which they will distribute their software. There are a wide variety of different alternatives. But, the three most common are GPL, Apache and MIT. I was curious if there was any relationship between type of license used by startup commercializing open source software, and their ability to raise capital, and exit.

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Jayson DeMers: The Dirty Truths and Unrecognized Benefits of Going Public

WSJ - The Accelerators

— Audiencebloom. Initial public offerings are a sort of Holy Grail for entrepreneurs. Introducing your business as a public enterprise seems like the ultimate statement of success. As an exit strategy on paper, it’s perfect — you turn your company over to the masses, collect your profits as your stock price runs up, and step into the shadows, counting your money and reading countless articles about how you and your business got to this point.

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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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Startup Best Practices 13 - Patience with Unit Economics

Tomasz Tunguz

Financial discipline is a hallmark of great companies. It’s what enables businesses to build exceptional go to market models, weather difficult times, and ultimately succeed. Sometimes, financial discipline in startups is imposed by financial markets, like in 2008 when the total amount of venture capital investment plummeted after Lehman imploded.

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