Both Sides of the Table

DECEMBER 11, 2022

And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. We wanted new things to exist and to solve new problems and to see our creations come to life. But this is still all about valuations and none of it is any fun anymore.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Up and Running

APRIL 27, 2012

Internet entrepreneurs in the UK need to push managing metrics right to the front of their to-do lists. They need to be relentless in their pursuit of identifying and tracking metrics across all aspects of their business. Most meaningful metrics. They need to re-embrace planning even if they have no desire for a business plan.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Startup Lessons Learned

MAY 7, 2009

As the product matured, they were able to ratchet up the quality to prevent regression on features that had been truly embraced by their customers. Starting instead from a position where feedback cycle time is the priority and allowing quality to ratchet up as the product matures provides a more natural lead in to continuous deployment.

San Francisco 131

San Francisco Continuous Deployment Software Review Lean 131

David Teten

JANUARY 13, 2015

Yes, you like hip-hop, “urban” clothing and “ ratchet television”, but all that sinks you deeper into stereotypes. Prove more through metrics. I truly believe in the meritocracy of Silicon Valley – when you have solid metrics. Feign familiarity if you must.

Venture Capital 60

Venture Capital Greece Advisory Board Cofounder 60

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. There were no metrics. Him: On metrics. Your A round?

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Startup Lessons Learned

DECEMBER 7, 2008

It also helps ratchet down the pressure, since so many of the interruptions that plague the typical hacker are actually the same bugs recurring over and over. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev.

Software Review 94

Software Review Technical Review San Francisco Part-Time VPE 94