May, 2013

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

'Rob Bailey is the CEO of DataSift. He wrote a post this long weekend on how he manages the board of DataSift. You should read it. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” His argument is as follows. Spend time building investor relationship long before you raise money. .

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10 Tips From Entrepreneurs Who Made Their Own Luck

Startup Professionals Musings

'Did you ever wonder why some entrepreneurs always seem to have all the luck and success, while others never seem to catch a break? As an Angel investor, I quickly learned that luck has very little to do with it, and I now look for some personal characteristics and leadership styles that separate the potential winners from the losers. These differences are the reason that investors say that they invest in people, rather than ideas.

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First Mover Fallacy

Agile VC

'When we meet with entrepreneurs and ask about their competitive advantage or special sauce, one of the common responses is first mover advantage. ”We’re the first company to do X in an rapidly growing market” or similar. I’ve always felt being the first mover is a comparatively weak advantage and have been thinking about this more recently.

Cloud 205
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Five Mistakes Leaders Unknowingly Make That Scare Employees To Death

YoungUpstarts

'by Christine Comaford, author of “ SmartTribes: How Teams Become Brilliant Together “ Most leaders know that command & control is dead and that fear doesn’t motivate employees. Quite the opposite, in fact. That’s why, for the most part, we refrain from doing scary things. (Only the worst “bully bosses” make it a practice to scream at an employee, or call him abusive names, or threaten to fire him the next time he makes the coffee too strong.

Employee 226
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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Using crowdfunding to validate demand

The Equity Kicker

'There is a good post up today on Segment.io describing how they used Kickstarter as a lean startup tool to validate demand. First the background: Kickstarter is the perfect way to validate an idea. By definition, a successful Kickstarter campaign has a ton of people who’ve already put their money where their mouth is. It’s really similar to the popular suggestion of “throwing up a fake landing page” and letting people sign up, or to the strategy of running AdWords before you have a product.

Demand 156
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Teach 'Em to Tinker

This is going to be BIG.

'The other day, I took part in a forum about technology education in Brooklyn. So much of the focus was on how to produce usable software developers inside the four walls of a classroom. There was a CTO in the room who had a fifty plus person tech team and so I asked him, "How many of your developers learned their trade in the classroom versus being essentially self taught?".

CTO Hire 150

More Trending

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10 Tips For Entrepreneurs on How to Hang Tough

Startup Professionals Musings

'In sports, mental toughness is defined as the ability to focus on and execute solutions, especially in the face of adversity. If anyone in business ever needed mental toughness, it’s an entrepreneur. Investors tell me that startup success is all about execution, all while facing determined competitors and overcoming customers’ resistance to change.

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TechStars Patriot Boot Camp: Calling All Veterans

Feld Thoughts

'TechStars Patriot Boot Camp is an intense three-day program that will educate and mentor Veterans and Service Members to innovate, build technology companies, and create jobs. TechStars hopes that participation in the Patriot Boot Camp will be the catalyst for Veterans and Service Members to kickstart their company, find co-founders and advance as entrepreneurs.

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Boardifi – Getting Onboard With Being Energy Efficient

YoungUpstarts

'Remember the concept of smart home automation, where you have the ability, for example, to control lighting, heating, appliances, or even security locks of gates and doors, for improved convenience, comfort, energy efficiency and security? It is said that billionaire Bill Gates, founder of Microsoft, has his Medina, Washington home fully incorporated with such technology.

Green 191
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Veterans – Check out TechStars 3-day Patriot Boot Camp – just for you

David Cohen

'Veterans give so much in their service to our country, it’s always an honor to be able to give something back no matter how small. That’s why at TechStars we’re very excited to be offering another TechStars Patriot Boot Camp from July 17-19 at George Washington University in Washington D.C. This will be the second year for the event, an intense three-day program designed to teach and mentor Veterans and Service Members about entrepreneurship and help them build and develop innovative technology

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European startups: Here’s how to (not) raise capital in the US

The Next Web

'Editor’s note: This is a guest post by Stefano Bernardi, who is on the founding team of Betable , where he heads Customer Development. Previously, he worked in venture capital in Europe. He is a part-time hacker, angel investor, and product advisor, and was selected from more than 300 people to “shadow” Dave McClure at 500 Startups. You can check out his blog and follow him on Twitter.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

'Anyone who reads this blog frequently will know that I am a big believer in low-cost video content and specifically the power of YouTube as a content creation & distribution platform. Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. The industry finally has one of their own at the helm of the largest YouTube network.

Video 320
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8 Key Focus Elements Will Attract Startup Investors

Startup Professionals Musings

'One of the most common failures I see in startups is lack of focus. Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition.

Startup 257
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Bolt – Making Hardware Easier

Feld Thoughts

'Over the past few decades, the most compelling engineers and entrepreneurs I’ve met have tended to be working on problems that can be solved with software. Software has some great advantages but it comes with a few big drawbacks, namely it’s tied to a few standard types of input, although we are trying to impact that with some of our investments in our HCI theme.

Software 141
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Twitter Link Roundup #181 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

'Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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21 Ways You’re Screwing Up Your Landing Pages (And What To Do About It)

ConversionXL

'So you have a landing page – or maybe 87 of them. Too bad you’re screwing them up. Landing pages are easy – in theory. In the real world, landing pages are quite hard to get right. But now that it’s getting more and more difficult to make money via AdWords and other PPC channels, boosting conversion rates on your landing pages is more important than ever.

PPC 132
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How to win with marketplaces: The three success factors

The Next Web

'Editor’s note: This is a guest post by Sangeet Paul Choudary who analyzes business models for Internet startups at his blog Platform Thinking. You can follow Sangeet on Twitter at @sanguit. Marketplaces are difficult businesses to run. Like all multi-sided platform businesses , they suffer from the classic chicken and egg problem : the technology has no value unless buyers and sellers are present and you can’t get the buyers on board unless you have sellers and you can’t bring in s

Curation 128
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Should You Consider Replacing Yourself as CEO?

Both Sides of the Table

'My internal compass has always steered me strongly toward the belief that founders who can scale with their startup companies are better to back that founders who eventually need to hire a CEO. I have talked about this publicly a great deal – how I prefer “missionaries” over “mercenaries.” But lately I’m more swayed by the wise words of Reid Hoffman.

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What is Your Entrepreneurial Leadership Potential?

Startup Professionals Musings

'Entrepreneurs inherently understand that they have to be the initial leader of their startup, but often they don’t have the experience or the training to know where their leadership competencies lie, or how to build a leadership team. For new entrepreneurs, leadership development efforts may be more valuable for achieving startup success than business skills development.

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Why Communication with Investors is Important

This is going to be BIG.

'Board meetings are a pain in the ass. Unless you''re a well funded, growth stage company that has lots of hands on deck--tons of instrumentation that easily dumps out pretty charts and metrics, or luxury emenities like, well, time, most entrepreneurs probably feel like they could be doing more productive things than telling their investors what they did last month.

Metrics 144
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Twitter Link Roundup #179 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

'Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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How to Build a Strong A/B Testing Plan That Gets Results

ConversionXL

'A strong A/B testing plan will allow you to increase your revenue. You will also learn valuable insights about your customers, because you will be “knowing” instead of “thinking about” their preferences. A/B testing produces concrete evidence of what actually works in your marketing. Continuously testing your hypotheses will not only yield good results for conversion rates, but will also give you a better understanding about your customers – Having a clear idea of what your customers actu

Analytics 131
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Tomorrow on TNW: Your chance to ask Ciplex founder Ilya Pozin your entrepreneurship questions

The Next Web

'Streaming live on The Next Web, Ciplex founder Ilya Pozin will answer questions from readers at 3 p.m. ET (12 p.m. PT) Thursday, May 9th. As part of the Young Entrepreneur Council ’s #StartupLab initiative, a virtual mentorship program, Ilya will appear live via video chat broadcast on this site. Ilya Pozin is an entrepreneur, writer and investor. He is the founder of Ciplex, a digital marketing agency, and a columnist for Inc., Forbes and LinkedIn.

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Why Early-Stage VCs Should Be Careful About Intros from Bankers

Both Sides of the Table

'When I was new at Venture Capital I was trying to figure out the business. It was a fun period for me because everything was new and I was curious. What kind of deals should I be doing? What stage? What price? With which other investors? Should I focus on geographies or industries? Should I trust my instincts for founders and products or should I be more focused on the market size or business plan?

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Frameworks Round 4

TechEmpower

'We’ve posted Round 4 of our ongoing project measuring the performance of many web application frameworks and platforms. As with previous rounds, the developer community has contributed several additional frameworks for Round 4, bringing the total to 57! This round adds Bottle (Python), Dancer (Perl), Kelp (Perl), MicroMVC (PHP), Mojolicious (Perl), Phalcon (PHP), RingoJS (JavaScript), Spark (Java), and Wai (Haskell).

Framework 552
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KILN Continues to Innovate Innovation Services

Gregg Fraley, Author of Jack's Notebook

'A peek at the contents of an IdeaKeg Single. I’m off to the FEI show (Front End of Innovation) in Boston this week. In my view it’s the most serious innovation conference in the world, and the USA edition features speakers and participants from a who’s who of international organizations. I’m particularly interested in hearing Denise Morrison CEO of Campbell Soup about their use of culture in the innovation process, and also Nelson Farris of Nike about corporate storytel

Boston 101
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Twitter Link Roundup #177 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

'Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Finding the Best Web Development Firm for Your Startup

Early Growth Financial Services

'Originally published in SoCalCTO by Tony Karrer. I’ve written before about finding Web Development Firms in Los Angeles. What I didn’t discuss was how you should go about selecting the right company. I just got an email asking about exactly this: “I’m with a new company that needs some software built, but doesn’t need (or have the resources for) a large staff of software developers.

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Live now: The founder of The Muse answers your entrepreneurship questions via video. Get involved!

The Next Web

'Got a question for Kathryn? Use the chat feature above to get it answered live. Kathryn Minshew is the CEO & Founder of The Muse , a career platform and job discovery tool serving more than 4 million professionals worldwide. Kathryn has spoken at MIT and Harvard, appeared on CNN and Fox, and contributes on career and entrepreneurship topics to the Wall Street Journal and Harvard Business Review.

Malawi 115
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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

'When I was new at Venture Capital I was trying to figure out the business. It was a fun period for me because everything was new and I was curious. What kind of deals should I be doing? What stage? What price? With which other investors? Should I focus on geographies or industries? Should I trust my instincts for founders and products or should I be more focused on the market size or business plan?

Deal Flow 347
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Frameworks Round 5

TechEmpower

'We have posted Round 5 of our ongoing project measuring the performance of web application frameworks and platforms. In this round, we''re very happy to announce that a community member has contributed tests for ASP.NET running on native Windows. We''ve included Windows on EC2 results as a separate set of data within the results view but caution that the results should be considered preliminary.

Framework 524
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How Infosys lost its sheen

deal architect

'N.R. Narayana Murthy is a revered figure in India. So, not surprising he is hearing murmurs to return, Steve Jobs style, to Infosys, the firm he co-founded. Reading this interview with him though it struck me how little of a.

Offshore 367
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Twitter Link Roundup #180 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

'Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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The 6 Metrics That Determine Your Success On Facebook

Duct Tape Marketing

'Thursday is guest post day here at Duct Tape Marketing and today’s guest is Emeric Ernoult – Enjoy! Feeling a bit lost with your Facebook Page insights? Good. Facebook Insights terminology ( https://www.facebook.com/help/336143376466063/ ) was not built for humans, and now that we know you are not a killer robot from Mars, we’ll help you measure your Facebook Page’s performance without drowning in all that robotic Martian muck.

Metrics 78
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Live now: The founder of Ciplex answers your entrepreneurship questions via video. Get involved!

The Next Web

'Got a question for Ilya? Use the chat feature above to get it answered live. Ilya Pozin is an entrepreneur, writer and investor. He is the founder of Ciplex , a digital marketing agency, and a columnist for Inc., Forbes and LinkedIn. In 2012, Inc. Magazine recognized Ilya as a 30 Under 30 Entrepreneur. In 2013 LinkedIn selected Ilya as one of 100 Influencers, along with the likes of Richard Branson, Barack Obama, Tony Robbins and Mark Cuban.

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Come Check Out a Very Important LA Tech Event on June 1st

Both Sides of the Table

'Tomorrow LA is hosting an important tech event - please consider registering and coming by. A special thanks to Jason Lehmbeck , founder & ceo of DataPop , a great LA startup of which I have been a long-standing fan, for championing this event and bringing it to my attention. A couple weeks back I laid out the tech case for Eric Garcetti for LA mayor.

Coder 295