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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. In those years I learned to properly build product, price products, sell products and serve customers. Until we weren’t.

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Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 People mistook extra doses of Ajax for a successful product. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. Do so at your peril.

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5 Keys to Ensuring Credibility, Trust, and Customers

Startup Professionals Musings

Every consumer today wants to be an insider and development contributor to the finished product, or at least feel connected to it throughout the process. Blake Mycoskie , for example, has built heroic credibility by giving away close to 100 million pairs of shoes since founding Toms in 2006.

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Designing a Corporate Entrepreneurship Program – A Qualcomm Case Study (part 1 of 2)

Steve Blank

In 2006, as a new employee of the Fortune 100 provider of wireless technology and services, San Diego’s Qualcomm , I volunteered to salvage a fledging idea management system (fancy term for an online suggestion box) by turning into a comprehensive corporate entrepreneurship program. Part 1 outlining the program is here. The origin.

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Rustam Gilfanov: “The Business Plan Of A Startup Is A Test Of The Idea’s Survival Potential”

YoungUpstarts

Make sure there will be a demand for your product. Focus on how your product can help mitigate economic shocks. In 2006, Rustam Gilfanov, together with his partners, opened an international outsourcing IT company in Kyiv. This is what Rustam Gilfanov advises newcomers to pay attention to when preparing a business plan.

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Designing a Corporate Entrepreneurship Program – A Qualcomm Case Study (part 1 of 2)

Steve Blank

In 2006, as a new employee of the Fortune 100 provider of wireless technology and services, San Diego’s Qualcomm , I volunteered to salvage a fledging idea management system (fancy term for an online suggestion box) by turning into a comprehensive corporate entrepreneurship program. Part 1 outlining the program is here. The origin.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. But truthfully both Dana and I are more aligned with the lean startup principles and believe you only go FAT when you’ve really proved out your product / market fit. Greycroft is an early-stage VC. Go Boulder!

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