Both Sides of the Table

MARCH 8, 2018

Upfront Ventures has a deep-seated commitment to equality in funding & building diverse teams across all ethnicities, nationalities and genders. We do this not just because it’s the right thing to do but also we believe it will help drive large and differentiated returns. In 2017 we began inserting an “Inclusion Clause” into our term sheets because we believe that the culture one establishes at the earliest stages of one’s business will set out the course of how it will grow and develop.

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VC leadership mentorship entrepreneurs 284

Entrepreneurs' Organization

MARCH 7, 2018

There’s a reason the term “growing pains” is one that entrepreneurs know well. Business growth isn’t easy, change is uncomfortable, and the future is hard to predict. . All new business owners dream of wild growth: overnight fame, fortune and popularity dropped on their proverbial doorstep. And it’s only natural that they do. After all, these things are indicators of success and potential longevity.

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Berkonomics

MARCH 8, 2018

Give one percent equity to each outside board member vesting over four years of service. Many early stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Here is my best advice, based upon many boards and many years. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service.

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board VC consulting advice 102

Tomasz Tunguz

MARCH 7, 2018

In the US, the median seed round has nearly quadrupled over the past seven years. In the mean time, seed investment has grown more than 7x and then fallen to a bit more than half of the high. As the market has grown and retrenched during that time period, I’ve been wondering about the geographic diversity of these seed dollars. Throughout these cycles, are startups in other states benefitting?

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investing investment startup founder 47

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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.

technology

Both Sides of the Table

MARCH 3, 2018

León Krauze from Univisión gave an impassioned keynote presentation at The Upfront Summit on the topic of “invisibility” of immigrant workers in our society. It moved people to tears, was widely Tweeted and several people asked me to share this video. Invisibility. The millions of immigrant workers who silently wash dishes in restaurants, are prep cooks, pick the agriculture that feeds us, build our houses, clean our houses, watch our kids and do our gardening are vilified as criminals by those

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education construction culture media 174

Gust

MARCH 9, 2018

Editor’s note: A Quora user recently asked, “What is the most common legal mistake that attorneys see laypeople make?” This great answer was written by Adam Nyhan, business attorney for Opticliff Law in Portland, ME, and is reposted here with his permission. I’m a business lawyer, so my answer will reflect the types of mistakes that clients of mine make.

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This is going to be BIG.

MARCH 4, 2018

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founder 174

founder 174

Derek Sivers

MARCH 6, 2018

This is what I do for everything I post : Write all of my thoughts on a subject. Argue against those ideas. Explore different angles until I’m sick of it. Leave it for a few days or years, then repeat those steps. Hate how messy these thoughts have become. Reduce them to a tiny outline of the key points. Post the outline. Trash the rest.

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Entrepreneurs' Organization

MARCH 8, 2018

MyEO is one of the most popular member benefits of the Entrepreneurs’ Organization (EO). It’s a program that allows EO members to join groups or events that connect directly to their interests and passions. Here’s the story behind the creation of one of the latest MyEO groups: MyEO LGBTQ+. . We recently talked with Jeff Smith, former president of EO Los Angeles and CEO of JS2 PR , and he explained how EO’s Global Leadership Academy inspired him to create MyEO LGBTQ+.

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peer-to-peer leadership communities culture 130

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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.

development

Tomasz Tunguz

MARCH 3, 2018

It’s one of the most important questions a CEO can ask. Why does our sales team lose potential sales? One of the companies I work with, Chorus , listens and analyzes sales calls to provide insights to heads of sales and account executives. Chorus explored the reasons account executives lose sales opportunities. Set aside losses from competition.

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frameworks opportunity 50

Derek Sivers

MARCH 6, 2018

Everyone who is drawn to you before you’re famous is thinking the same thing: You might be famous soon! fans who want to help you. professionals who want to meet you. musicians who want to play with you. companies that want to work with you. They’re all hoping to be included in your glorious future. As you get more successful, share that success with those who helped you years ago.

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Derek Sivers

MARCH 4, 2018

When I was promoting myself as a musician, I noticed an interesting pattern. If I had a good conversation with somebody in the music business, then quite often they would send an opportunity my way within a day or two. In other words, when I look back at the random opportunities that came my way, they often came from someone who I had just spoken with a day or two before.

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opportunity 52