December, 2018

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Preparing to Start a Company

This is going to be BIG.

It’s that time of year again—the season of people quitting their jobs soon to start a company. I don’t know whether it’s New Years resolutions or end of year bonuses, but I feel like there’s a bit of a peak in people wrapping up previous things looking to start something new. If you’re going that route—here are a couple of things I would suggest: Have at least six months of personal expenses in the bank —and that’s only if you know you can at least get some angel capital based around your connec

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How Entrepreneurship is Changing Our World: A Localized Perspective

Entrepreneurs' Organization

Written for EO by Michael Neidert, a writer and consultant. . Entrepreneurship is difficult in any part of the world, but entrepreneurs in developing nations face an especially steep uphill climb. Add poor infrastructure, difficult-to-access capital and daunting challenges to the list of typical issues of starting a business, and entrepreneurship in a developing nation becomes an especially courageous act.

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Looking Back On Tech, Startups, And VC In 2018

Haystack

It’s that time of year, time to look back and reflect on the most significant storylines in the tech, startup, and VC world. A comprehensive post on this topic could be 5,000+ words, but we do not do such things here. We kept detailed notes month by month and today, I tried to organize them by key sections, what you’ll see below. There’s a good chance I’ve missed something — if you feel that way, by all means, please share your point of view on Twitter (or email) an

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Matrix Growth Academy – Zero to 100 Videos

For Entrepreneurs

Matrix Growth Academy – Zero to 100 was an educational event held in San Francisco, aimed at providing B2B Founders with a road-map for how to get from Zero to a repeatable, scalable and profitable growth process that would take them to $100m in revenue. Please find below the primary videos for They have been.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Do You Have Product/Market Fit?

Paul G. Silva

Ran across these great blog posts ( The Illusion of Product/Market Fit for SaaS Companies , The SaaS Adventure ) by Brad Feld & Neeraj Agrawal respectively. Product/Market Fit is now, appropriately, a central concept in startups. But when do you have it? If you think you have it, odds are darn good you don’t. Is your data really robust enough for you to know you have it?

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

This week we contacted royalty licensing expert, the well-respected Arthur Lipper, asking the magic question. Why are you so strongly sold on royalty licensing as the most effective way to finance a tech-based early stage company? I asked him five important questions, which he answered, and I’ve summarized below. Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case.

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Swimming With EO’s Angel-Sharks at the Inaugural MyEO Deal Exchange Conference

Entrepreneurs' Organization

The Entrepreneurs’ Organization (EO) ’s Accelerator program empowers early-stage entrepreneurs with the tools, community and accountability necessary to aggressively grow and master their businesses. Peter Gabauer, an EO Accelerator participant in Brisbane, Australia, is founder and CEO of Table and Desk , which provides custom furniture in 14 days.

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Looking Ahead, Predictions For 2019

Haystack

Alright, here we go. My predictions for 2019. I am not great at these “looking ahead” posts. We all know the unknown will happen. Looking at my post last year, it wasn’t that great — and my take on crypto was proven wrong. Ok, let’s move on…for 2019’s prediction, I tried to keep it simple and cook up big questions that are on most peoples’ minds, and offer my two cents on them.

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Selling Your Product While You Build It

Tomasz Tunguz

Customers will pay you to build your SaaS product. It’s one of the great advantages of a SaaS model. Annual prepay contracts - wherein customers pay for a year’s cost on day - is a free loan from customers. And every startup can benefit from this advance. There’s only one requirement: you must be able to sell your product while you’re building it.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Launch413 Completes Seed Round

Paul G. Silva

My thanks to the many people who put their faith in Rick Plaut and my new venture, Launch413. A special thanks to the many members of River Valley Investors who provided the pre-seed funding to get us started and then played a big part in finishing our seed round. For those that don’t know Launch413, we are an alternative venture fund that takes startups from Launch to their first $10 million in revenue.

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Startups Need to Diversify Away from Paying Facebook

This is going to be BIG.

Over the last five years ago, a disproportionate amount of venture capital funded paid acquisition on Facebook. Some very large consumer facing businesses were built, but that gravy train won’t last forever—and signs are that it is seriously slowing down. Companies are reporting that acquisition costs are trending up, and optimization is increasingly feeling like squeezing blood from a stone.

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

This week we contacted royalty licensing expert, the well-respected Arthur Lipper, asking the magic question. Why are you so strongly sold on royalty licensing as the most effective way to finance a tech-based early stage company? I asked him five important questions, which he answered, and I’ve summarized below. Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case.

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My Journey from GSEA Global Finalist to Digital Nomad

Entrepreneurs' Organization

At Entrepreneurs’ Organization (EO) , our vision is to build the world’s most influential community of entrepreneurs. One way we encourage young entrepreneurs is through the EO Global Student Entrepreneur Awards (GSEA) , EO’s premier competition for students who own and operate a business while attending college or university. The intense, international competition culminates with the Global Finals, where “studentpreneurs” from 50+ countries compete and make connect

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Opportunity Amid Volatility

Haystack

It’s an unusual time in the markets. With high levels of public market volatility — the first we’ve seen in the age of social media and true real-time information — it feels like everyone and their grandmom is expecting a downturn. “We’re in the nth year of an unbelievable bull market!” “Most of the country doesn’t have any savings!

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Just Where Are SaaS Companies Priced After the 2018 Correction?

Tomasz Tunguz

Reading the news in the past week made me wonder. Just where are we pricing SaaS companies today? The Nasdaq and the S&P have toyed with a bear market. Many stocks are down 10 to 50%. Absolute valuations are one consideration, but let’s understand it at a deeper level. Have multiples compressed? The answer is yes, they have, but enterprise value to forward revenue multiples are still at some of the highest levels for SaaS companies in the past eight years.

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Congrats to a Former Student Making The World A Better Place

Paul G. Silva

So much food goes to waste in our country every year. So many people are hungry. It is literally cheaper to throw food away than to give it away… until now. A few years ago I had the honor of mentoring Maria Rose Belding when she and her partners at Means Database were in the Valley Venture Mentors startup Accelerator. Her social venture is organized and dreams like a high tech silicon valley startup – but all of that energy is directed to doing good, at scale.

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Forward Cities is hiring 2 new positions

Forward Cities

We’re growing our team with 2 new positions! Forward Cities , the largest national network of cities committed to advancing inclusive innovation and economic development, is seeking two dynamic new team members: Fellows Manager. ESHIP Ops Coordinator (Kansas City ONLY, Temp – Perm). Information on how to apply can be found on the respective pages.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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These High School Best Friends Achieved Their Dream of Being Their Own Bosses. Their Next Step? Starting a Wellness Revolution.

Entrepreneur - Entrepreneurs Category

Entrepreneurship involves a lot of blood, sweat and tears -- especially when your business is designed to make people sweat.

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The Secret to Growing a Great Team Around You

Entrepreneurs' Organization

Written for EO by Gareth Williams, founder of YellowDog. When you launch a business on your own, you don’t need to worry about anyone’s performance apart from your own. As your business grows, you recruit talent to work with you. You make key hires and start building your team. But that’s just the beginning. How do you assess how your new team members are performing without relying solely on KPIs?

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“Your Portfolio Is Your Path”

Haystack

You are the average of the five people you spend the most time with. You are what you eat. About a year ago, I tracked down a VC who gave a talk I heard about where he referenced the phrase “Your portfolio is your path,” it stuck out in my mind because amid all the noise, it was simple, brief, and yet still open to interpretation. We hung out and I asked him about the entire talk he gives (a subject for another post, if he agrees to it), but this one a small portion of it and I think

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My 10 Favorite Books of 2018

Tomasz Tunguz

These are my ten favorite books from 2018. The (Mis)Behavior of Markets - Written by Benoit Mandelbrot, the Belgian mathematician who pioneered fractals, this book and theory inspired Naseem Taleb. It’s a powerful book on the uncertain nature of financial turbulence. Creative Selection - Ken Kocienda, a former Apple engineer who co-authored Safari and the iPhone keyboard, writes about culture at Apple.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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Forging Ahead: Diversity, Equity and Inclusion in Foundation Investing Activities

Surdna Foundation

Can the money that is at the heart of the foundation business model be responsive to a foundation’s important values of diversity, equity and inclusion (DEI)? The answer is yes. This report includes interviews with executives at eight large foundations that have embraced organization-wide DEI efforts. We asked them how DEI can shape the structure of the investing department, the work of investment committees and the choice of investments.

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#FCTalks with Forward Cities CEO Christpher Gergen

Forward Cities

For our inaugural #FCTalks, Marketing Coordinator Justin Laidlaw sits down for a conversation with CEO Christopher Gergen. The two discuss why inclusive and equitable entrepreneurship is paramount to the success of an economic ecosystem and the reasons how cities can better support these efforts. Watch the video, join the discussion at #FCTalks on Twitter, and take the Year End Survey.

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Subtract

Derek Sivers

Life can be improved by adding, or by subtracting. The world pushes us to add, because that benefits them. But the secret is to focus on subtracting. Imagine a number line, with 0 on the left and 20 on the right. Say I want to be in the middle, at 10. But I’m at 17. “What can I add to get to 10? I tried adding 8 but that didn’t work. Maybe 3 would help.

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How to Engage Employees—Sustainably

Entrepreneurs' Organization

Written for EO by Torsten Oppermann, co-founder of the marketing agency MSM.digital and EO member since 2007. . Would you jump for joy because of a basket of fruits, free coffee or a foosball table? Of course not. A lot of employers, however, seem to be missing this point. The ever-present pizza lunch still leads the list of employee perks. Satisfied employees are better employees.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr