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Why You Need to Ring the Freaking Cash Register

Both Sides of the Table

Nobody seems to want to make money any more. I remember just a decade ago in 2003 when we all laughed at how dumb people in the 90′s were talking about the race to “capture as many eyeballs as possible” before your competition. You would figure out how to monetize later. Ring the freaking cash register.

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What Everyone Should Take Away from Twitter’s 8% Staff Reductions

Both Sides of the Table

This will be seen as a watershed moment in the wake-up call and rationalization of our industry. The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. ” It goes like this: What is your net burn rate?

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.

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Understanding the Underbelly of Online Marketing & Why You’ll Lose if You Don’t

Both Sides of the Table

Yesterday I wrote a post about “ growth hacking ” and why I thought it was wrong that people were hating on the term unnecessarily. But being best-in-class at online marketing is also a sine qua non to standout from your peer group. It’s worth a quick read. My argument is pretty simple.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

I committed to the round, but I wanted to see her raise a bit more—at least $750k, but perhaps up to $1.5mm. Founders hit the street with their pitch deck, some make it, and some don’t, but nearly all of them ascribe a lot more human influence over the process than there probably is. I don’t have a technical co-founder.

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Should Startups Care About Profitability?

Both Sides of the Table

It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!” Except that they didn’t actually lose $2 billion in cash. They actually lost about $175 million in cash in that quarter, FWIW.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

If I could bottle this moment and spend all my time here I would be in heaven. It’s such a tricky balance between being cost-focused & scrappy versus being impractical with how you spend your time. I can’t tell you how many people have thanked me for this advice and say their productivity increased exponentially.

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