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Agile – you may find the real opportunities for your company was somewhere else. Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a laterstage startup employee.
Fourth, in the last decade, corporate investors and hedge funds have jumped into laterstage investing with a passion. Their need to get into high-profile deals has driven late-stage valuations into unicorn territory. Founder-friendly became a competitive advantage for his firm Andreessen Horowitz.
The sooner you pass your work on to a laterstage, the sooner you can find out how they will receive it. Sounds very similar to agiledevelopment which is the way. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? Small batches mean faster feedback. Expo SF (May.
When youve mastered that, consider adding operations, customer service, marketing, product management, business development - the idea is that when the team needs to get approval or support from another department, they already have an "insider" who can make it happen. Make sure you keep track of whether thats happening. Expo SF (May.
However, this financial bar has had the effect of excluding one segment of potential customers that Id really like to see there - early stage entrepreneurs who have all the intelligence and vision of their laterstage counterparts, but simply cannot afford the cash flow to attend. Expo SF (May.
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