This is going to be BIG.
JANUARY 6, 2013
Ok, it's still resolution time, right? Time to get cracking on some new initiatives in 2013. and I can't argue strenously enough for investing the time into a blog this year if you've started a company. Forget the fact that you can't write or it takes a long time. These are things that go away over time. First off, many of the widely read tech bloggers aren't the best writers either.
Gust
JANUARY 9, 2013
Years ago I came across the idea that in entrepreneurship, education and experience contribute to likelihood of success roughly like you see in the chart here. The underlying assumption is that a lot of education makes up for very little experience, and vice-versa. And this is in the context of startups, investment, and entrepreneurship. . I’ve drawn it here MBA style, with a line on two axes, pretty much the way I first saw it, with a smooth curve from one extreme to the other.
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Tomasz Tunguz
JANUARY 10, 2013
Startups are discovery teams - they venture into the abyss, like Shackleton, aspiring to cross the Antarctic, plant a flag and live to tell the tale. Because every expedition is unique, no one knows what will work: product features, marketing tactics, sales pitches, fundraising stories. Nor can the team fully anticipate the precipices and risks: competitive, legal, hiring, market timing and management risks.
Berkonomics
JANUARY 10, 2013
It is tempting to use available cash in good times to build the business and in challenging times to pay the bills and even to outdo competitors in marketing efforts. Those are both good strategies. But there is a tactic that we need to remember that just might save the business. Once a business has achieved breakeven and beyond, it should build a cash reserve equal to at least two months’ worth of fixed overhead to protect against unexpected internal or external emergencies, and to allow for
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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.
This is going to be BIG.
JANUARY 8, 2013
Tweet. The last thing I ever want to do is create work for my portfolio companies. That being said, I think that there's a certain amount of management communication that serves a purpose well beyond just letting the investors know what's going on in the company. Ideally, investor communication serves the following purposes: Focuses the attention of the CEO on goals over a fixed about of time: "What are we going to accomplish between now and the next update?".
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Tomasz Tunguz
JANUARY 6, 2013
In the last 12 years, marketing has been reinvented. No segment has benefitted more from this transformation than startups who have both created the new marketing and leveraged its skills to transform industries. These new marketers creating this wave have been so effective they can delay or even obviate the need for outside sales teams. Historically marketing has been pseudoscience - an undisciplined hand-wavy concoction of story telling and a “throw stuff on the wall and see what sticks” menta
Derek Sivers
JANUARY 5, 2013
I’ve been doing this for a year, and it’s the most helpful learning technique I’ve found in 14 years of computer programming. Background: I’m an intermediate programmer. I didn’t go to school for it. I just learned by necessity because I started a website that just kept growing and growing, and I couldn’t afford to hire a programmer, so I picked up a few books on PHP, SQL, Linux, and Apache, learned just enough to make it work, then used that little knowledge for years.
Tomasz Tunguz
JANUARY 9, 2013
Hardware competition is cut-throat. Walking through the halls of CES, every Android phone is identical. LG has copied each Samsung model. Because of the competition, tablet prices are plummeting - I saw a $49 7inch tablet ( and some were giving Nexus 7s away for free with subscription. Not constrained to large competitors, startups like FitBit and Jawbone launched competing (and nearly identical) products within weeks of each other: the FitBit Flex and the Jawbone Up Even newer segments like ges
Tomasz Tunguz
JANUARY 8, 2013
There is no prouder boast, but also no better prescription, for executive leadership than the words Andrew Carnegie, the father of the U.S. steel industry, chose for his own tombstone: “Here lies a man who knew how to bring into his service men better than he was himself.”. Amen. This epitaph captures succinctly so much of leadership: the ability to articulate a vision and convince others of the importance of that mission; the self awareness of knowing one’s strengths and weaknesses; the desire
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Tomasz Tunguz
JANUARY 7, 2013
In December, I was lucky enough to be asked to become part of the LinkedIn influencer program. I jumped at the opportunity to bring my writing to a broader audience. And the experience has been eye-opening. The influencer program asks a few hundred LinkedIn members to write periodic blog posts which are highlighted on the home page and in email marketing campaigns.
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