article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

About 18 months ago in early 2008 we hired an analyst (pre-MBA), but wanted to wait until after Summer to hire a post-MBA associate. We weren’t ready to hire an associate yet so I offered him a summer internship. I joined GRP Partners in 2007 before they raised their current fund (we closed a $200 million fund in March 2009).

article thumbnail

Startup CTO or Developer

SoCal CTO

In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. I understand the desire for hiring someone who is going to product product. When will key hires come on? Who will do that?

CTO 225
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ardent War Story 5: The Best Marketers Are Engineers

Steve Blank

I would discover that there was a more effective alternative in building a marketing department than hiring traditional marketers with MBA’s. I chose to hire engineers from within each of our target markets and set up “Steve’s one month MBA course for engineers.” These hires were definitely not your standard marketing types.

Engineer 224
article thumbnail

China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

They provide consulting, promotion, product testing, hiring, training and incubation services to startups. In 2007 the Ministries of Science and Finance raised the stakes to get VC’s focused on funneling more VC money into growing startups – they set up a Venture Guiding Fund. Technology Business Incubators (TBIs).

article thumbnail

Finding Developers is Tough Again

SoCal CTO

I wouldn’t say it’s 1999 or even 2007, but it certainly has turned around. I don’t have specific suggestions for people you can hire. One recruiter tells me it’s “like 1999? in terms of the activity, with not only jobs aplenty, but offers and counter-offers hitting good talent. My methods are pretty vanilla.

article thumbnail

Why Startups Should Raise Money at the Top End of Normal

Both Sides of the Table

2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. I saw this kind of pricing when I first entered the VC market in 2007. And the CEO they would hire to come in and run the business when you go would always be a mercenary. It was early 2000.

article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. That asset class need not represent the broader market. You feel it, too.