Both Sides of the Table
NOVEMBER 1, 2016
Yesterday was Halloween in the United States where children dress up and try to scare people as they “trick-or-treat” for candy. Yet the only horror I experienced was watching Peter Thiel stand in front of a national media audience and re-endorse Donald Trump for President. In his defense he made it clear that he didn’t agree with the all of the things Trump had said (or done?
This is going to be BIG.
NOVEMBER 3, 2016
Classpass is nothing short of phenomenon--and it's particularly noticeable to me because I passed on its seed round. In my defense, I passed when it was Classtivity, a completely different model focused searching for classes. Obviously, the pivot worked out for them. Still, it's a bit frustrating to see them end their "Unlimited" option to the chagrin of many of their users--just a few months after raising their prices.
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Entrepreneurs' Organization
NOVEMBER 30, 2016
By Davide Frau, EO South Florida. It was midnight on a Saturday when my phone rang. It was one of my business partners, Barnabas Carrega. After the previous 72 hours—which were beyond grueling—I didn’t really feel like talking to anyone. That Thursday, we decided to pull the plug on our first promotional event set to take place during the Sony Open in Miami, Florida, USA.
Berkonomics
NOVEMBER 3, 2016
How do you get your team to focus and move forward effectively? A fellow CEO recently told me of her method of assuring positive movement within her team. She holds a weekly meeting of her direct reports, and asks them to find three important but actionable items for the group to work on if not complete during the following week. She claims that, by reducing the number of issues to three, her team is better able to devote mental and physical resources to a solution than if she allowed her meet
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Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?
Tomasz Tunguz
NOVEMBER 15, 2016
Imagine you’ve just been named the head of a bustling New York City restaurant challenged by one issue - customers complain about the customer service. A data-driven person, you search for a metric to evaluate the current customer service to validate the complaint and then track as you experiment with the restaurant’s operations. What metrics would you employ?
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Both Sides of the Table
NOVEMBER 12, 2016
This election has been hard on our country. I have had numerous conversations with people who struggle to call home and speak with family or friends because the divisions are too raw. These are people who now live in Los Angeles, San Francisco or New York City but grew up in Cincinnati, Central Florida, Utah, Michigan and similar places where their parents, families or friends may have different political views.
This is going to be BIG.
NOVEMBER 7, 2016
Yesterday, I got caught up in letting my frustration over the election boil over onto Twitter, and it's definitely not the first time. It made me ask the following question: Were we better off in 2016 having Facebook and Twitter around? I talked about it with a few people. One brought up #blacklivesmatter and while I hope some important issues were highlighted, I really don't see these platforms bringing about positive change in the real world.
Entrepreneurs' Organization
NOVEMBER 25, 2016
By Meghdad Abbaszadegan. My introduction to meditation was one of the most important moments in my life. I learned about a technique called “so-hum” by reading Deepak Chopra’s book “ The Spontaneous Fulfillment of Desire.” I was quickly hooked on the simple process of breathing and chanting. Before long, I had signed up for a 10-day silent meditation retreat.
Berkonomics
NOVEMBER 4, 2016
Well, it had to happen. Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as “The Berkus Method” when published in the popular book, “Winning Angels” by Harvard’s Amis and Stevenson with my permission in 2001. But a lot of time has passed since then.
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Tomasz Tunguz
NOVEMBER 6, 2016
About $1B has been invested in early stage SaaS startups as of November 1. Over the last nine months, marketing startups have raised more dollars in aggregate than any other segment. The chart above shows the early-stage investment dollars by buyer within the organization. Operations teams following second, with human resources focused startups in third.
Gust
NOVEMBER 4, 2016
We’ve just released our free Co-founder Equity Split tool. It’ll give you a fair and objective recommendation about how to divide your startup’s ownership, so you and your co-founders will have a sensible, real starting point for this notoriously hard, crucially important conversation. Many startup founders find themselves lacking clarity and direction when it comes time to divide their.
Both Sides of the Table
NOVEMBER 6, 2016
It’s hard to feel any positives these days: We’re in the eye of the storm. We’re at peak anxiety. Maximum rancor. We’ve already blocked family members on Facebook or unfollowed obnoxious people on Twitter. We’ve scratched our heads at how one of Silicon Valley’s brightest could back a candidate so overtly racist. And we’ve pulled out our hair trying to explain how the FBI Director could have decided to weigh-in / non-weigh-in to an election 11 days before voting with what turned out to be a whol
This is going to be BIG.
NOVEMBER 9, 2016
In 2008, I tried to fundraise for my startup the week that Lehman Brothers went under. You can imagine how well that worked out. Basically, VCs told us that they were going to wait and see how the election turned out--and things didn't really thaw out until the following September. Extreme uncertainty slows the VC market to a crawl--that's what I learned.
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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.
Entrepreneurs' Organization
NOVEMBER 18, 2016
This article was originally published on 17 March 2016. By Karen Summerson. I was fortunate enough to attend The Aspen Institute Forum on Women and Girls: Conversations Across Generations last week with EO DC member leader Marsha Ralls. On the heels of EO’s successful #WOMENtrepreneurs campaign and a published conversation with Associations Now , this opportunity seemed to be a timely continuation of the larger conversation surrounding women’s role in contemporary economics.
Berkonomics
NOVEMBER 10, 2016
Here’s a statement that you never thought would apply to your business planning. Sometimes we get stuck in the muck with our marketing, product, management focus, and in keeping up with trends. It is natural for executives and entrepreneurs with lots on their plate and little extra time – to just keep up the same activities that have made the company a success.
Tomasz Tunguz
NOVEMBER 13, 2016
What percentage of revenue should be spent on payroll? In 2001, Salesforce spent $35.6M on payroll and generated $5.4M in revenue. NetSuite spent $38M on payroll generated $17M in 2004. as both of these companies scaled and approached IPO, the operating expense ratio (OER) or operating expense divided by revenue, asymptotes to 0.8. For every dollar of revenue, both of these companies spent $0.80 in payroll at scale.
For Entrepreneurs
NOVEMBER 2, 2016
The forEntrepreneurs 2016 SaaS Survey Infographic highlights key metrics from this year’s SaaS Survey and includes links to advice and insights on improving these metrics. You can find the full 2016 SaaS survey results here: Part 1 covers growth rates, go-to-market trends and cost structure.
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Both Sides of the Table
NOVEMBER 9, 2016
I received this email from a friend. He gave me permission to publish it but asked to do so anonymously. It was so thoughtful, so gracious, so explanatory — I felt you would all enjoy reading it. It’s from a startup founder. It’s unedited. “i read your tweets tonight, mark. i am there with you. i grew up in the suburbs of cleveland, ohio and i was hopeful because my high school buddies who live there and are conservatives told me they could never vote for hillary, but they couldn’t vote for trum
This is going to be BIG.
NOVEMBER 1, 2016
I can't think of a single time when a white man came to pitch me and I told him his fundraising plans weren't aggressive enough. Yet this is a message I'm giving to women and people of color all the time. It's not that this latter group isn't aggressive enough--after all, they're ditching everything else they could to to start companies. Something else is at play.
Entrepreneurs' Organization
NOVEMBER 9, 2016
By Jason Bangerter. Some oppose industry disruption – I embrace it. It’s true that sometimes disruption forces companies out of business, and thus forces people out of their jobs. But the innovative minds that cause change are what we, as entrepreneurs and consumers, should want. People that shake things up make their industries better, and give consumers what they want.
Berkonomics
NOVEMBER 24, 2016
Repeat customers, raving fans, angry backlashers, commodity shoppers. Oh boy, what a range of loyalty these represent. And in your years, you may have experienced all of these. Here’s another way to look at the ladder to an ideal customer loyalty relationship. But first, let’s examine the three kinds of loyalty you don’t want to engender…. How about forced loyalty , if you happen to have a monopoly in your niche?
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Tomasz Tunguz
NOVEMBER 9, 2016
A few weeks ago, I had my first customer support experience of the future. I was in a meeting when my Android’s caller ID told me American Express was calling. I stepped of the conference room and answered the call. A machine-generated woman’s voice identified itself as the American Express fraud department. “Do you have a bluetooth headset or headphones you can use with your phone?
For Entrepreneurs
NOVEMBER 2, 2016
We recently released Part 1 results of our annual SaaS Survey, which shares data and insights on growth rates, go-to-market trends and cost structure. A new highlight in Part 1 of this year’s results includes data on balancing growth and profitability in SaaS companies, commonly known as The Rule of 40%. Part 2 of the survey results dives into: A comparison of application.
Both Sides of the Table
NOVEMBER 17, 2016
I’ve had this conversation many times. A friend calls me up from: Boston, New York, Chicago, San Francisco, wherever and says, “I’m thinking about moving to Los Angeles (or SF, NY, etc) and I’d love to start interviewing. Let me know if you hear of anything interesting.” I usually slip into counsel mode and tell them it’s a lost cause unless they’re truly committed to living in that city and if they are they should move there first and job search second.
Thomas Grota
NOVEMBER 13, 2016
Just a reminder: Saying people are stupid because they voted for Brexit or Trump is achieving only.
Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker
The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l
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