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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

A lot of people ask me what it was like raising the Series A round for LinkedIn back in 2003. I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003. Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet.

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The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

He believed that large companies handle sustaining innovation – evolutionary changes in their markets, products, etc. If you’ve been reading my book on Customer Development and follow my work on Market Type , this type of innovation is best for adding new products to existing markets. Just like a startup. More in future posts.

Search 251
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I keep my competitors as friends and those that didn’t choose me or my product as friends, too. In the 2003/04 timefame I was living in the UK and running my first company. Did we really have good change management procedures if we were willing to launch products without backward compatibility. Quite the opposite.

China 333
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I keep my competitors as friends and those that didn’t choose me or my product as friends, too. In the 2003/04 timefame I was living in the UK and running my first company. Did we really have good change management procedures if we were willing to launch products without backward compatibility. Quite the opposite.

China 328
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The Long-Term Value of Loyalty

Both Sides of the Table

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. I learned how to better run a product management process. I learned how to integrate customers into our product development process. The things you learn in tough environments. We were family.

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When being an “expert” is harmful

A Smart Bear: Startups and Marketing for Geeks

Methods of reaching consumers change every year (compare SEO or AdWords strategies from 2003 and 2010). Another way your experience can hamper you is that selling different products into the same industry is different. Industries built around control of information are now out of control (real estate, publishing).

Lean 269
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How do I get my first few customers?

A Smart Bear: Startups and Marketing for Geeks

. --> It’s one of the hardest steps in a startup, getting that first rube to part with their money over your barely-minimum barely-viable product. I was totally product focused for the last year and now it’s live, so I need to start thinking about finding some customers. But this was 2003 when AdWords was new.

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