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When we split the atom, Einstein remarked that everything changed but our way of thinking. You could make the same argument about acquisitions and option pools.As Mark Suster recently noted, employees will never see a big payday at most startups unless the company shoots for the moon. This is probably why investors’ case for a company to sell early focuses exclusively on the founder: in most earl
Most startups seem to embrace 60-80 hour weeks, you keep reading about them and begin to believe that this is normal. After 12 hour marathon coding sessions ‘typical entrepreneurs’ walk 10 metres from desk to bed and collapse in their shared accommodations. Living in such lean conditions makes those crucial first months of business far cheaper. This work ethic and minimial living costs maximises
You worked hard to create a business plan and now you’re ready to present. Remember that great ideas are common; much rarer are businesses with the people and products to enter and dominate a market. Knowing that only 1% to 2% of business plans are funded, I’d like to provide a checklist that you could employ in advance of your presentation.
I have reviewed nearly fifty books on ribbonfarm, but I’ve never yet been reviewed by a book. That’s what reading Steve Blank’s The Four Steps to the Epiphany felt like. Blank, a veteran serial-entrepreneur, doesn’t actually set out to grill you, like a brutal VC, till you sweat. It just naturally happens. I found the book while exploring the currently-hot Web conversation around the idea of lean

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The Lean Startup movement isn’t terribly new, but the level of hype is reaching pretty significant levels. The contrarian in me is always a little wary when anything gets overly hyped. To be clear, I really really like the concepts of the lean startup and customer development. I’d recommend any entrepreneur who isn’t familiar with this to at least watch some of Eric Ries’ talks about it and try
The Open Angel Forum, a free, meetup-style event held by technology industry raconteur Jason Calacanis, is coming to San Francisco. Calacanis launched the forum in an effort to offer an alternative to all the “pay-to-pitch schemes” out there, and so far this year has already held events — through which five startups are subsequently matche
A bill introduced today in the Senate by Democrat John Kerry and Republican Richard Lugar proposes a new type of visa for immigrants who create startups and jobs in the U.S. A similar proposal is part of an immigration reform bill in the House. The Startup Visa has been controversial and will no doubt draw fire from anti-immigrant forces and xenophobes. But if we are going to be giving away visas
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