When most people think about starting a business, they think about the incredibly successful ones like Google, Facebook, Amazon, and Apple. The truth, however, is that these companies represent less than 1 in 1000 startups. So what separates these vastly successful startups from everyone else? While few big companies like to advertise it, most of them were successful not because of their original
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Startup 3.0: How to Build a Better Web Startup
Posted by admin 9 days ago (http://www.socrated.com)How Do You Solve a Problem Like Patzer? A VC perspective
Posted by admin 9 days ago (http://permanentrecord.firstround.com)
It was with bemusement that I read how Mint.com founder Aaron Patzer has just been “verbed.” The story goes that when Mint.com sold to Intuit for $170 million, they left way too much money on table because the company clearly had the opportunity to go for the billion dollar plus win. This leads to what is now called the Patzer Problem, namely:
Can Entrepreneurs Be Made?
Posted by admin 9 days ago (http://techcrunch.com)
Silicon Valley investors often have a picture in their heads of the type of person who is worthy of funding: young, brash, stubborn, and arrogant. They believe that successful entrepreneurs come from entrepreneurial families and that they start their entrepreneurial journey by selling lemonade while in grade school. Angel investor and entrepreneur, Jason Calacanis said as much in his recent talk
Internet Business Models of the TechStars
Posted by admin 11 days ago (http://www.coloradostartups.com)
I’m a guest lecturer for an executive MBA class at Denver University later today. I was asked to talk about Internet business models (among other things), so I thought I’d take a look at the 39 companies that have been through TechStars to give them a sense of the relative popularity of various business models. I think this represents a fairly decent cross section of reality, since about 75% of t
Tech Investing: How Smart is the Smart Money?
Posted by admin 11 days ago (http://images.businessweek.com)
If serial entrepreneur and investor Marc Andreessen had a Wayback Machine—the one of cartoon fame about a time-traveling dog and his pet boy, Sherman, not the Web surfing tool that takes you only as far back as 1996—he would liked to have been an angel investor in Intel. "Under Andy Grove [it] was the best-run company we've yet seen in the Valley."
NYC vs Silicon Valley
Posted by admin 11 days ago (http://www.metamorphblog.com)
There's been a lot written lately about the NYC startup scene. It's exploding. It's hot. Etc. And all that is true. But as a first-time founder trying to raise capital and achieve product-market fit, the question for me is not "Is NYC hot?" or even "Is NYC becoming a better startup hub?"so much as it is "Is NYC the best place to locate my startup?" And on that question, I'm not sure the answer is
How to Hire a Startup Design Guru
Posted by admin 11 days ago (http://thehappyplug.com)
Hiring a design guru for your nerdy startup is usually a painful, frightening ordeal. This person can wield a seriously disturbing amount of power over how things look and feel, and can hold you hostage in the worst way if they’re just plain bad at what they do. Which, sadly, happens often enough to justify all that fear swirling around the topic.
Smart people more likely to be atheists, vegetarians
Posted by admin 11 days ago (http://www.overcomingbias.com)
Adult intelligence predicts adult espousal of liberalism, atheism, and sexual exclusivity for men (but not for women), while intelligence is not associated with the adult espousal of evolutionarily familiar values on children, marriage, family, and friends. … Childhood intelligence at age 10 significantly increases the probability that individuals become vegetarian as adults.