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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Today we’re announcing that my partner Kara Nortman is becoming Co-Managing Partner at Upfront Ventures and I can’t tell you how thrilled I am to welcome her to her new role. At the end of that journey she joined Upfront as a partner where she’s been for > 6 years so she now has walked in the footsteps of the people she will back.

Partner 361
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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs. Incent these early.

Product 354
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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. Add basic partner contracts or alliances. Too much reliance on growth via contracts and alliances makes you vulnerable to partners’ actions and conflicts of interest.

CTO Hire 330
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5 Key Success Attributes For An Aspiring Entrepreneur

Startup Professionals Musings

Idea people must surround themselves with people who build momentum and get things done, including production, marketing, finance, and sales. As an example, I worked with Bill Gates early on, but I fear he may have failed without partners Steve Ballmer and Paul Allen. You set goals and targets, and build a plan from these.

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5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Now comes the reality check.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

In reality, too many choices actually dilutes customer interest in your existing market, and makes your job of production, marketing, and support much more complex. New entrepreneurs, especially technical ones, are excited by early adopters, and tend to focus on their feedback, which will always suggest more product features and options.

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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

For entrepreneurs, effective networking is required to find investors, partners, and customers. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Here are a few: Business networking. Investor negotiations. Time management. Effective marketing.