Hustle. Growth Hacking. Scaling. As startups and entrepreneurs, we love these things. They’re big and powerful and sexy and they make a difference in your business. All of these things are essential to the success of any startup. But there’s something else that’s just as important, that doesn’t get talked about. Continue reading “Why Systems Are a Startup’s Best Friend”
If you want to understand why so many startups become infected with unhealthy work habits, or outright workaholism, a good place to start your examination is in the attitudes of their venture capital investors. Continue reading “Trickle-down Workaholism in Startups”
In 2011, Joel Spolsky launched his company Fog Creek’s new product at TechCrunch Disrupt called Trello. It looked a lot like a whiteboard with sticky notes translated into a web browser and an iPhone App. Instead of physically moving a sticky note on a whiteboard, you could drag and drop cards on a board from your web browser. Continue reading “Why Trello Failed to Build a $1 Billion+ Business”
Eyal Amir, Co-founder and CEO of Parknav, is a well respected Artificial Intelligence scientist. He received the Arthur L. Samuel Award for the best PhD thesis at Stanford’s Computer Science Department, and the world’s largest association of technical professionals, IEEE, included him on the list of “10 to watch in AI.”
Mark Suster, entrepreneur There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters.
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!” Continue reading “Should Startups Care About Profitability?”
Dan Siroker, Optimizely Hamilton played a critical role in winning the Revolutionary War, persuading the country to adopt a new constitution, and inventing our financial system. Each of these efforts faced major unforeseen obstacles and are in three very different domains. Not only that, but he faced tremendous personal setbacks as well: he lost his best friend who was killed weeks before the end of the Revolutionary War; he lost his eldest son who was killed in a duel; and, he was marred by our country’s first sex scandal.
What lessons can entrepreneurs learn from a man who lived over 200 years ago? To answer this question, I’d like to start by sharing my story.
Dmitri Lisitski, Influ2 I came across a lecture by Sam Altman and Reid Hoffman in which they talk about the scaling up of high-tech companies. Essential elements of growth are discussed, such as network effects, hiring the right people, and company culture — definitely worth watching: “From Startup to Scaleup | Sam Altman and Reid Hoffman”
They begin the conversion with a short reflection on why Silicon Valley is such fertile soil where startups can flourish. It’s interesting to compare what an insider, such as Reid Hoffman, says on this topic as compared to the ideas of those outside Silicon Valley.
Mark Suster, entrepreneur I am wired to discount people who have total assuredness in their point-of-view, have dogmatic positions or use data as a crutch or substitute for logic. I appreciate people who have strong opinions or conviction but expect them to constantly be testing their opinions and refining their approaches as they encounter new people, facts or logic.
Mark Suster, entrepreneur The headlines in the media are filled with that latest stats. Stats sell. The stats are often quoted from the latest reports. People then parrot them around like they’re fact when most of them are complete bullsh*t. People throw them around at cocktail parties. Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. I say it deadpanned. Often I’ll get some people look at me like, “really?” “It’s true. Nielsen just released the number last month.”