July, 2010

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Real Unfair Advantages

A Smart Bear: Startups and Marketing for Geeks

This is Part 2 of the series: 5 lessons from 150 startup pitches.??? What if someone copies your awesome business idea? About twenty people on Answers OnStartups have asked this question in one form or another: When I meet an angel investor, he may ask: "What if a big company copies your idea and develops the same website as yours after your website goes public?".

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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

We all like to think of startups as “non hierarchic&# organizations and to some extent that should be true. I’m not a big believer in too much hierarchy. A good early-stage CEO needs to be accessible, to be accountable for producing results and should be establishing the cultural norms of the company through direct leadership at all levels.

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The New Polymath Wow Candidate Contest

deal architect

Abbie Lundberg, former editor-in-chief at CIO magazine in her review of my book, The New Polymath called it a “veritable firehose of innovation examples”. The book covers wide innovation ground across industries, countries and technologies.

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Let Interns Be Your Startup Competitive Edge

Startup Professionals Musings

By Mark Babbitt We’re all familiar in some way with the concept of “interns” in business. Quite possibly your perception is the young adult working dutifully in the company mailroom. Or, perhaps the hectic “get me coffee” and “make me copies” chores associated with climbing the corporate ladder. That stereotype may be changing. Due in large part to the current economy and an ultra-competitive job market, a Gen-Y entrepreneurial tsunami is already upon us.

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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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Case Study: kaChing, Anatomy of a Pivot

Startup Lessons Learned

Lessons Learned by Eric Ries Wednesday, July 28, 2010 Case Study: kaChing, Anatomy of a Pivot (The following guest post is a new experiment for this blog. It was written by Sarah Milstein in collaboration with kaChing CEO Andy Rachleff. kaChing has been very active in the Lean Startup movement. If you havent seen it, Pascals recent presentation on continuous deployment is a must-see; slides are here.

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Seed Stage Firms are Dead, Long Live Micro VCs

Genuine VC

Before I wrote a couple detailed posts on Micro VCs, I thought I’d write an overview one sharing my broad perspective on this portion of the VC world. It’s clear that despite the varied terminology (Super Angel, Micro VC, Seed Stage VC, Seed Firms, etc.), a new segment of the institutional venture market is emerging. Both super-angels are institutionalizing “up” and formerly traditional VCs shifting “down” to fill a market opportunity.

More Trending

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

Lots of discussion these days about the changes in the VC industry. Here’s my take: 1. The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. 2.

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Small Business Marketing: Web Design Best Practices and Tips

crowdSPRING Blog

We’ve recently discussed several useful topics for small businesses and startups, including naming your company , how to make you taglines stand out from the crowd., and tips for buyers looking for logo design. Today, we’ll cover web design marketing best practices and tips for small business. Most businesses, from one person start-ups to small and mid-size businesses to international conglomerates, need to have a presence on the Web.

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Top Eight Reasons Startups Don’t Get Money

Startup Professionals Musings

Yesterday I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. After exchanging a couple of notes, I concluded that she was more likely a victim of item #1 on my reject list, rather than a drought on seed funding.

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Take A Chance On Yourself

Feld Thoughts

One of the side benefits of blogging are the various inspiring emails I get from readers about different topics. I got a great one yesterday that I thought addressed the question of “Why am I having so much fun with challenges in my personal life and at the same time am so bored with work. And – more importantly – what can I do about it?

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The Entrepreneur's Guide to Customer Development

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, July 5, 2010 The Entrepreneur’s Guide to Customer Development Brant Cooper and Patrick Vlaskovits have written a new book, The Entrepreneur’s Guide to Customer Development , which builds upon the foundational work of The Four Steps to the Epiphany , while improving accessibility, updating the ideas, and making it more actionable.

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5 Lessons from 150 startup pitches

A Smart Bear: Startups and Marketing for Geeks

I just reviewed several hundred startup pitches for Capital Factory. Most were on paper and video; 20 were invited to pitch in person. Interesting patterns emerged: Everyone makes the same classes of error. Those who avoided just one of those errors stood out in the crowd. These are problems with the business concept or the founder's attitude, not specific to raising angel money.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. It was accept the terms or go into bankruptcy so we took the money.

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Small Business Marketing: Web Design Best Practices and Tips

crowdSPRING Blog

We’ve recently discussed several useful topics for small businesses and startups, including naming your company , how to make you taglines stand out from the crowd., and tips for buyers looking for logo design. Today, we’ll cover web design marketing best practices and tips for small business. Most businesses, from one person start-ups to small and mid-size businesses to international conglomerates, need to have a presence on the Web.

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Battery gives back to Israeli entrepreneurial community with venture creation workshop

VC Cafe

B attery Ventures held its first Entrepreneurship and Venture Creation Workshop in Tel Aviv on July 1 and 2 (see VC Café’s previous coverage of the workshop here ). For Battery, the workshop served two main purposes: (1) to enable the firm to ‘give back’ to the Israeli entrepreneurial community amidst a challenging funding environment; and (2) to enable the firm’s investment professionals to meet and evaluate the entrepreneurial talent that is currently working on, or considering launching, earl

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Viral, Social, Sentiment, Mobile: 4 Delightful Web Analytics Solutions

Occam's Razor

Stale. One thing that I never want to be. We all have a tendency to learn up to a point, we get comfortable and keep chugging along rarely investing in our ongoing education. I call it the slow but sure path to irrelevancy. Let me share my prescription for avoiding irrelevancy: Try new things. Simple right? At any given time I have six or seven interesting tools running on this website.

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Founder personalities and the “first-class man” theory of management

Startup Lessons Learned

Lessons Learned by Eric Ries Friday, July 9, 2010 Founder personalities and the “first-class man&# theory of management At any given time, something like four percent of the US population is engaged in some form of new-company-creation. And that narrow definition of entrepreneurship doesn’t count all of the managers inside established companies who are effectively engaged in the same process of building an internal startup (see What is a startup?

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You Shouldn’t Have to Pay to Talk To Your Own Customers

Austin Startup

Andy Meadows is the founder and CEO of Bearhug , an Austin-based customer engagement platform launching today. He is focused on delivering real business value by educating clients about the latest proven technologies, strategies that deliver improved profits and operational efficiencies, and using technology to improve life. Customer Care Today. 37signals’ dustup with GetSatisfaction almost 2 years ago now for bullying marketing tactics is still cited as an example of how, especially when it com

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Venture Capital Q&A Session

Both Sides of the Table

We received so much positive feedback from our This Week in Venture Capital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about. We will continue to do more of this. If you want to watch the show click the image above or this link , but if you want a quick read – here’s a summary: 1.

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Twitter Link Roundup #46 – Small Business, Social Media, Design, Copywriting, 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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Janvest Wants to Fill the Seed Investment Gap in Israel (Interview)

VC Cafe

A s venture funds struggle to raise money in Israel, seed capital, one of the earliest and riskiest stages of investment, is becoming harder and harder to secure. Janvest , a new seed fund of $5 million backed by American angel investors and chaired by the former head of the Mossad (Danny Yatom), saw an opportunity to fill the gap by making offering US-based angel investors the opportunity to tap into the Israeli startup industry.

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Matt Mickiewicz, Founder Of Sitepoint, Flippa & 99Designs, Tells His Story

Entrepreneurs-Journey.com by Yaro Starak

Press play to begin streaming the audio or right click the text link and choose save as or save link. Download the MP3 [ 30 Minutes - 40 MB ]. Matt is the co-founder of one of the very first online forums I spent some time on, SitePoint.com , which today is a massive web community and information site. Sitepoint became a near-daily visit for me when I was focusing on buying and selling websites.

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Why You Should Build Your Startup to Sell (But Not to Flip)

Software By Rob

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← Two Days Left for a Discount on the Business of Software Conference A Micropreneur Blueprint: How to Stay Solo, Bleed Passion, and Build Products that Matter → Why You Should Build Your Startup to Sell (But Not to Flip) Micropreneurship , Startups If youre trying grow your startup youve come to the right place.

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How We Picked Our First Cloud Investment

Ben's Blog

Music orientated so when hip-hop was originated. Fitted like pieces of puzzles, complicated. –Rakim. As former founder and CEO of Loudcloud, one of the original cloud computing companies, I am considered somewhat of a domain expert in all things “cloud.” Combine that with cloud being one of the hottest areas of new development and the most overloaded term in technology (well, maybe “real time” is more overloaded, not sure) and I have probably seen more new cloud companies than any other variety.

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Doing the Right Things is More Important than Doing Things Right

Both Sides of the Table

Yesterday I wrote a post about top-down versus bottom-up thinking. There is a corollary to that advice, which is “doing the right things is more important than doing things right.&# Sounds simple but in practice I promise you most organization fall into the latter trap. Here’s how it goes: You have a business development group with two people.

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Twitter Link Roundup #46 – Small Business, Social Media, Design, Copywriting, 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 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! Think Different: How To Make Your Tagline Stand Out From The Crowd – [link].

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why. The Golden Age for Entrepreneurs and VC’s.

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Leaving iPhone for Android

Venture Chronicles

This week I picked up an HTC Evo to replace my trusty iPhone 3G. My reason for doing this is twofold, featuring a technical and a philosophical reason. The iPhone 4 certainly addresses many of the shortcomings of earlier iPhones, specifically the sluggish performance and the single tasking nature of apps. I should also take a paragraph to explain that this post isn’t about what device is better because better is an entirely subjective quality but more significantly the reality is that the

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Lessons Learned Taking Parental Leave as a Solo Entrepreneur

Software By Rob

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← A Micropreneur Blueprint: How to Stay Solo, Bleed Passion, and Build Products that Matter Book Review: Never Eat Alone → Lessons Learned Taking Parental Leave as a Solo Entrepreneur Micropreneurship , Startups If youre trying grow your startup youve come to the right place.

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Dublin kickoff to European book tour

deal architect

A stone's throw from historic Trinity College in a place appropriately called the Library Bar we convened. You could feel the ghosts of Joyce and Yeats and Shaw and Goldsmith in the hallways. Dublin's glorious literary history provided a nice.

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How to Acquire Customers by Marketing “Heroes”

Both Sides of the Table

Social Proof in Action … Yesterday I wrote about the benefits of using social proof and authority in raising venture capital. If you didn’t read that yet it might be worth having a quick skim as a primer. Social proof is defined as “looking for others to guide our decisions&# and is also one of the most important techniques in acquiring customers in your company.

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Twitter Link Roundup #49 – Small Business, Social Media, Design, Copywriting, 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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You Can’t Take It With You

Steve Blank

If you’ve had a great career what happens to all your knowledge and experience when you retire? Great Suit. My wife and I had dinner last night with a friend of hers from high school. Tom, her husband whom I had never met before joined us as well. I took one look at his suit and guessed “high-powered lawyer. “ (I was right, the suit probably added another $250 per billable hour.).

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The Ten Commandments of an Entrepreneur

Startup Professionals Musings

If you expect to succeed in the thrill-a-minute, roller coaster ride of a startup, let me assure you it takes more than a good idea, a rich uncle, and luck. In fact, the idea is often the least important part of the equation. Investors tell me that they look at the people first, the business plan second, and only then at the idea. If you want some tips to beat the insurmountable odds, take a look at the following concepts, adapted from Richard C.

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Three Tips for Getting People to Read Your Email Newsletter

Software By Rob

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← Book Review: Never Eat Alone Two Recent Press Appearances: Inc.com and the TechZing Podcast → Three Tips for Getting People to Read Your Email Newsletter Micropreneurship , Startups If youre trying grow your startup youve come to the right place.

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The future "future of work"

deal architect

John had just returned from a trip to Italy. His sisters, each a year or two older had come back from similar trips to Portugal, Egypt and Turkey. His cousin was headed to Amsterdam today, and another was describing her. Tags: Industry Commentary.

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