Tomasz Tunguz

NOVEMBER 6, 2021

For example, if a three-year contract is discounted the startup’s cost of capital for borrowing is simply the discount amortized over the contract period (eg, 10% over three years or 3.2% It’s an interest-free loan from a customer to grow the GTM team. per year which incidentally costs less than venture debt).

accelerator 129

accelerator financing finance strategy 129

Ben Franklin Technology Partners

OCTOBER 15, 2021

They made their presentations to a panel of independent judges from CARGAS, Perceptive Automata, EG Associates Group, Sheetz, and Erie Insurance. On October 14, 2021 beginning at 2:00 PM, the eight finalists competed virtually via Zoom.

economic development 98

economic development consulting development technology 98

Unvalidated Learnings

MAY 26, 2015

Services with in-built virality (eg. New interfaces may improve / transform the space again : voice (eg. Siri), button (eg. Amazon Dash), beacons (eg. Estimote), motion (eg. M8 chip), messaging (eg. FB messager/WeChat), text (eg. Healthcare (doctors consultation, prescription drug delivery, etc.)

transportation 52

transportation consulting SaaS education 52

TechCrunch

JULY 19, 2022

For context, that was $194 million in February 2021, per PitchBook data, which makes Casavo’s valuation now likely over $400 million.

capital 81

capital real estate founder ventures 81

TechCrunch

DECEMBER 14, 2022

An early 2022 survey from eG Innovations and AVD TechFest of around 500 organizations found that 58% intend to have Azure Virtual Desktop installations running within two years. It also helps that Azure Virtual Desktop is seeing swift uptake, in spite of competition from incumbents like VMware and Citrix.

incumbents 90

incumbents disruption board enablement 90

Hunter Walk

MAY 13, 2023

But when it comes down to the forward-looking time of the founders and team – eg do they actually want to go work at the potential acquirer – their opportunity cost and happiness is really important.

strategy 98

strategy startup angel investing collaboration 98

TechCrunch

SEPTEMBER 26, 2022

More than 30% of the UK’s 122 tech unicorns (eg Monzo, DarkTrace) have graduated from a Tech Nation programme (49 in total to date). Gerard Grech, chief executive of Tech Nation, said the body’s work represented a “£15 return on every £1 invested by the government.”.

startup 65

startup incumbents accelerator support 65

TechCrunch

MARCH 17, 2021

an EU member until only recently, has had this capability for at least 10 years, Germany’s protestations seem somewhat over-egged. In particular, Germany has been kicking up a fuss about the startup-in-a-day provision, on the grounds that identity checks may take longer. Given the U.K., All eyes will be on the announcement on Friday.

peer-to-peer 103

peer-to-peer startup accelerator entrepreneurs 103

TechCrunch

FEBRUARY 2, 2022

The aim, he added, is not perfection but predictability, just as important for the semi-autonomous platforms (eg, advanced driver assistance systems) that exist already today as for the fully-autonomous cars that many are hoping to build for the future.

opportunity 93

opportunity founder VC technology 93

Tomasz Tunguz

AUGUST 29, 2012

A startup may start as a product and sometimes remain a product forever, eg Instagram, Blogger, Flickr. Sometimes startups become businesses, eg YouTube, Twitter, Facebook. Sometimes businesses are just born that way, eg Yammer, ZenDesk, LinkedIn, Square, AxialMarket. In fact, startups often evolve into businesses.

creativity 40

creativity culture sustainability innovation 40

NZ Entrepreneur

MAY 27, 2019

It’s a common issue – you have an idea that will require some technical know-how (eg coding, engineering, science) but don’t have those skills yourself. There are several things you’ll need to put in place to protect yourself (eg vesting schedules, shareholders agreements) and give any partnership the best chance of success.

advice 64

advice entrepreneurs networking founder 64

TechCrunch

OCTOBER 25, 2021

Related to that, the company is also announcing hefty debt refinancing of $200 million per month (money to run the BNPL financing), coming from a consortium of German banks led by VVRB (Vereinigte Volksbank Raiffeisenbank eG), with Raisin Bank and Varengold Bank also participating.

B2B marketing 91

B2B marketing financing finance mix-use 91

Y Combinator

MAY 7, 2020

Each interviewer should play a role in the hiring process and deep dive into different areas of the candidate assessment for eg. Too often the same surface level questions are asked over and over again when there’s no internal interview plan. Classification. In recent years, the classification of personnel has been a hot topic.

startup 85

startup culture consulting education 85

Continuations

SEPTEMBER 30, 2019

Let me give just one example: as inequality rises it may get more difficult for children growing up in poor households to keep up with educational achievement (eg wealthy households pay for private tutors). That’s exactly what we are now seeing.

education 40

education media support technology 40

Both Sides of the Table

JULY 24, 2012

And over the past few years I had been egging him on from LA to get Cooley to take our market more seriously. .” He was generous with his time with me and helpful. This was 2005 when I had no exits under my belt, no blogs … nobody was looking. He was a mensch.

VC 299

VC communities investing investment 299

Tomasz Tunguz

AUGUST 16, 2023

Economic data is turning more positive, eg housing starts exceeded forecasts. The Fed no longer predicts a recession. 80% of public companies beating earnings estimates - three percentage points higher than the 5 year average. On the other hand, enough uncertainty permeates the market to depress prices.

strategy 70

strategy startup technology capital 70

TechCrunch

MAY 11, 2022

This also means that the tags can be used in a contactless-checkout “just walk out” type purchasing flow.

development 90

development energy technology ventures 90

Tomasz Tunguz

JANUARY 31, 2022

This analysis ignores other stablecoin/currency pairs (eg, GBP, JPY). The numbers above only include Ethereum based stablecoins. For example, Tether has $77b its stablecoin extant, but 50% resides on Tron. Thanks to Fredrik of Dune for helping me with this analysis.

141

141

Tomasz Tunguz

DECEMBER 15, 2019

We've invested in more than 15 open source companies over the last 15 years (eg, Hashicorp, Cockroach Labs, Dremio…). This article talked about the sizes of these acquisition relative to history. Mattermost's $50M Series B - We are big believers in open source.

SaaS 43

SaaS innovation board networking 43

A VC: Musings of a VC in NYC

AUGUST 6, 2019

But if I don’t actually like the message (eg “you are the dumbest person in the world Fred”), I might not do that. And so they assume that it is being ignored. Sometimes I will like the message (if it is on social media) to acknowledge that I saw it. Or I might. It sort of depends on my mood.

media 151

media 151

NZ Entrepreneur

MARCH 12, 2019

At least not in the way you may be hoping eg free money or loans that you can use to buy inventory, rent or buy a premise, build an app, hire staff, pay for marketing or any of the usual things you might need to do when you start a business.

incubation 66

incubation startup advice accelerator 66

Both Sides of the Table

MARCH 30, 2011

It’s not clear that there was big customer demand for some of these products yet entrepreneurs were egged on by VCs to “take the money&# and try and push the market. It seemed to be purely speculative. I was a victim of this kind of thinking. “If my competitors have raised $40 million then I need to in order to keep up.&#

entrepreneurs 374

entrepreneurs incubation board VC 374

TechCrunch

SEPTEMBER 4, 2022

EG: Sam will be a generalist investing across stages, sectors and geographies, like all our partners, but he’s particularly interested in early-stage enterprise deals. I’m ready and motivated for a new challenge. What will be your focus at Founders Fund? Will you be investing in fintechs?

founder 69

founder angel investing VC venture capital 69

StartupNation

NOVEMBER 24, 2020

You can also reach StartupNation’s dedicated Account Executive, Megan Shadle, directly at megan_wright@dell.com with any tech-related questions. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here.

technology 87

technology 87

NZ Entrepreneur

JUNE 5, 2019

It’s very easy to get fixated on just one particular channel (eg Facebook ads) because that’s what everyone else is saying is the best right now. However, like a Swiss Army knife, having an agile approach with many options and reverse engineering your goals to utilise those channels, is almost always the best way to succeed.

strategy 48

strategy education opportunity creativity 48

Entrepreneurs' Organization

JUNE 22, 2022

Those major functions are filled with the right people in the right seats (eg, Visionary, Integrator, sales/marketing, operations, finance, etc.). A strong leadership team has an accountability chart that is the right structure for the next level of growth, is forward-looking and makes clear the major functions.

leadership 249

leadership energy entrepreneurs culture 249

NZ Entrepreneur

MARCH 11, 2019

Eg: if you want to sell an electric bike to a 50-65 demographic, forget the features and the price of the bike. Alexander explained that “video production lets you sell something, without selling it”. By this he is talking about narrative and its ability to build brand around something that people want.

media 71

media leadership culture collaboration 71

Tomasz Tunguz

DECEMBER 1, 2021

Strategic metrics are the numbers that move over quarters or years, eg, share of global payment volume. When the leadership team shifted to set goals, they asked managers to track input metrics ( leading indicators ), operational metrics, and strategic metrics.

frameworks 98

frameworks leadership culture strategy 98

Tomasz Tunguz

OCTOBER 7, 2015

It’s a qualitative proxy for market size, eg, “Everybody vs real estate startups based in Wisconsin.” This question aims to understand the breadth of potential customers the product can serve, and the vigor with which an existing customer would recommend.

real estate 47

real estate startup support development 47

Tomasz Tunguz

JANUARY 1, 2013

Once the audience’s perception and expectation are understood, the communicator must understand her own goal of the conversation, eg closing a sale or relaying ideas for how to improve an employee’s performance. Clear demand is the ask. The audience’s perception and expectation must be used to frame the demand for it to be effective.

frameworks 40

frameworks collaboration pitching development 40

Tomasz Tunguz

JANUARY 6, 2020

Quick aside: some companies sell to both, but this analysis is a high level and defaults to the primary buyer, eg Google is B2C, Amazon is B2C, etc. Across all US companies, B2B companies outnumber B2C companies 1.6:1. For every B2C company, there are 1.6 B2B companies. In the very large employee counts, the ratio is closer to 1:1.

SaaS 80

SaaS board 80

NZ Entrepreneur

NOVEMBER 14, 2019

On the flip-side, the brand may play an important role in the value of the startup eg, TradeMe, Xero and 42 Below. Avoiding any IP speed bumps. One major difference between big companies and startups is that big companies can steam-roll over mistakes they make with their IP.

startup 45

startup strategy advice support 45

Both Sides of the Table

FEBRUARY 11, 2012

Me: (egged on by my friends): 2 dollars. (it was the late 80′s after all) You gotta be kidding! Vendor: OK, my friend. Today only. $18. Me: No, thanks. Vendor: OK. How much you pay? This a high quality blanket, amigo. I’ll buy a blanket for $2. Vendor: Ay. This is high quality, my friend. I give it to you for $16.

strategy 305

strategy VC financing finance 305

Both Sides of the Table

SEPTEMBER 28, 2013

” Your VC friends have been egging you on. A tool to better help you find bars & restaurants? Aren’t there like 10,000 of those?” ” “True. But mine if different. I’ve finally cracked it.” They told you, “Yeah, man, I’ll gladly write the first $250,000.

startup 417

startup peer-to-peer VC culture 417

Both Sides of the Table

MARCH 28, 2010

Plus, everyone on Twitter egged me on and then some. I thought about trying to spell it differently (like Guy Kawasaki always says Bull Shitake (as in the mushroom, but slightly misspelled) but somehow it lost the same effect that this saying has always had for me. Unsurprisingly, this one way best. The title IS the post.

frameworks 378

frameworks consulting advice strategy 378

Continuations

DECEMBER 5, 2022

The whole opportunity for them to outdo us at these activities is exactly because they have access to modes of representing knowledge that are difficult for humans (eg large graphs of knowledge). It is unlikely that machines will drive or write or diagnose the way humans do.

opportunity 52

opportunity networking 52

Continuations

SEPTEMBER 21, 2020

All of the above also has the potential to create a large number of interesting new jobs, much of it in local employment (eg solar and heat pump installation). Unlike the stuff that was harvested pre-maturely, so that it could be trucked all the way across the continent.

communities 52

communities 52