Both Sides of the Table
FEBRUARY 24, 2019
I have been writing a series on how startup boards get selected, who sits on them and what to avoid. I will also delve into how to prepare for them, how to make the meeting effective and how to best follow up to make sure people take action. Photo by rawpixel on Unsplash In response to one of my posts I saw this great Tweet by Bilal Zuberi and it resonated.
Venture Well
FEBRUARY 26, 2019
An intensive design experience simulates a high-performance team situation to show students what it takes to succeed in the workforce or as an entrepreneur. The post Intensive Design Experience: Preparing Engineering Students for the Real World appeared first on VentureWell.
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Entrepreneurs' Organization
FEBRUARY 28, 2019
Written for EO by Erin Yurday. Erin Yurday is the founder and CEO of NimbleFins , a startup that aims to educate consumers with data-driven research so they can make the best financial decisions for their individual situation. . While any great business starts with an idea—that “aha!” moment—we all know there’s a lot more to running a successful startup than just the initial inspiration.
Tomasz Tunguz
FEBRUARY 25, 2019
I remember the first time I visited China. We landed around 11pm local time in Beijing in the midst of the summer heat wave. As we landed, humidity fogged the Boeing’s windows, and the runway lights projected mirages from the haze. I could have sworn that heat was the product of a billion people’s fervent labor to advance their country and pull themselves into a new era.
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Both Sides of the Table
FEBRUARY 24, 2019
When you set up a board it is often initially a combination of the founders and the early investors. It can start 2–1 founders to investors and then sometimes moves to 3–2 but sometime around the A, B or C round the idea of “independent” directors comes up. This post sets out how I believe founders (and investors) should think about independent board members having worked with many of them for the past 20 years.
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Ben Franklin Technology Partners
FEBRUARY 28, 2019
The Ben Franklin Technology Partners (Ben Franklin) Pennsylvania statewide network will present before the Pennsylvania Senate Appropriations Committee regarding the proposed 2019-2020 Pennsylvania budget at 3:00 PM on Wednesday, March 6, live-streamed here: [link]. The Ben Franklin Program invests in and supports technology-based start-ups, innovative manufacturers, and a technology-based ecosystem throughout the state.
Tomasz Tunguz
FEBRUARY 28, 2019
A founder posed me a question earlier this week: Do you have any data/perspective on whether it’s worth keeping the unassisted free trial flow vs. providing only one path which leads to a demo and an assisted free trial? This is a complex question. Let’s break it down. The unassisted free trial has benefits. There’s a deeper discussion in this post: Confessions of a Perpetual Freeloader.
Both Sides of the Table
FEBRUARY 25, 2019
I’ve sat on many boards over the past 2 decades and seen my share of high-functioning boards and low-functioning boards. Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much.
Startup Lawyer
FEBRUARY 27, 2019
Thought I might take some time to explain the origin of the title and the book cover design for “Acceleration: What All Entrepreneurs Must Know About Startup Law“ The Title — Acceleration Quite often a new client will start off our first meeting with something like “We messed up the legal at. The post Acceleration Startup Law Book Title and Cover Design appeared first on Startup Lawyer.
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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?
Ben Franklin Technology Partners
FEBRUARY 27, 2019
Everyone knows a good thing when they see it. That’s why Ben Franklin Technology Partners, created more than 35 years ago with broad bipartisan support, has become one of the most widely known and emulated state technology-based economic development programs in the nation. Since its inception, Ben Franklin has invested in more than 4,500 technology-based companies and boosted the state economy by more than $25 billion , helping to generate 148,000 jobs through investments in client firms and spi
A Smart Bear
FEBRUARY 26, 2019
Startup strategy is like Kung Fu. There are many styles that work. But in a bar fight, you’re going to get punched in the face regardless. I can only teach you my style. Others can only teach you theirs. This is my style. “MVPs” are too M to be V. They’re a selfish ploy, tricking people who thought they were customers into being alpha testers.
Both Sides of the Table
FEBRUARY 27, 2019
Most board meetings are administrative updates that accomplish very little other than inform board members about the performance of the company since the last board meeting. That’s certainly one function of every board but if your board is your “brain trust” and the people you can most use as a sounding board to help you make the toughest decisions in your company and if its the one group truly privy to your most confidential information and your hardest choices then it’s a shame if you don’t ge
Startup Lawyer
FEBRUARY 26, 2019
If you follow this blog, then you probably know new posts have been harder to find than a four-leafed clover in the desert. But I had a good reason — I’ve spent the good portion of the last 3 years putting together a startup law book, when I wasn’t doing. The post So I wrote a Startup Law Book called “Acceleration” appeared first on Startup Lawyer.
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Entrepreneurs' Organization
FEBRUARY 27, 2019
So many factors, it seems! Harnil Oza, CEO of Hyperlink Infosystem , outlines the many obstacles that face mobile app developers. . Mobile apps—software applications designed to run on mobile devices—are in high demand. In fact, some estimates put the number of apps downloaded during 2017 at 178.1 billion. Industry sources expect the mobile app market to expand by a whopping 270% to US$189 billion by 2020.
Tomasz Tunguz
FEBRUARY 25, 2019
When I was a teenager, I read many books about Dr. Richard Feynman. The irreverent but kind Nobel prize winner in physics became famous for his contributions to quantum mechanics. Though I’ve never understood quantum mechanics all that well, I’ve always admired Feynman, like many others. To read Surely You’re Joking, Mr. Feynman is to hear about his upbringing in Queens, New York, where as a boy Feynman teaches himself advanced math, plays practical jokes and fixes radios durin
Both Sides of the Table
FEBRUARY 28, 2019
Photo by Filipe Delgado from Pexels We’ve all been in meetings that get off track?—?sinking ever down the proverbial “rat hole,” from which rescue feels impossible. How does it happen? And how can you avoid it? This is part of a series on Managing Boards. In my last post I wrote about board preparation before the meeting and frankly this can be applied to any type of meeting.
abovethecrowd.com
FEBRUARY 27, 2019
(*) Benchmark is/was an investor in companies labeled with the asterisk. In 1776, Adam Smith released his magnum opus, An Inquiry into the Nature and Causes of the Wealth of Nations , in which he outlined his fundamental economic theories. Front and center in the book — in fact in Book 1, Chapter 1 — is his realization of the productivity improvements made possible through the “Division of Labour”: It is the great multiplication of the production of all the different arts, in consequence of the
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Entrepreneurs' Organization
FEBRUARY 24, 2019
Featuring Dave Kerpen, cofounder and chairman of Likeable Media and EO New York member. Here is a statistic that may astound you: Of the 7.7 billion people in the world, 4.2 billion are Internet users. And even greater than these numbers is the impact of the Internet on how we connect and communicate. Social media has taken over our lives as a primary way to stay informed, to engage and to debate.
Berkonomics
FEBRUARY 28, 2019
It’s a fact of life that a banker, lender or lessor will ask for a personal guarantee from the founder or entrepreneur most every time. But what if you’ve diluted your interest from 100% to something less than 50%? Should your investors expect you to carry 100% of the risk? The short answer is “yes.” Seems unfair, doesn’t it? To most lenders, the guarantee is still a requirement, putting the entrepreneur in a position of additional risk that is not spread among the shareholders.
Dream It
MARCH 1, 2019
MedStack , a Dreamit HealthTech alum whose platform provides a privacy and security compliance solution for healthcare apps, recently closed a $2.4 million round of funding. TELUS Ventures led the round with participation from ScaleUP Ventures , Panache Ventures , Ontario Centres of Excellence , and several angel investors. Companies that want to develop digital health products and connected devices have to comply with regulations like HIPAA in the US and PIPEDA in Canada in order to work with p
Tomasz Tunguz
FEBRUARY 26, 2019
Last week, the dynamic Harry Stebbings and I recorded episode 213 of the Saastr podcast , where we discussed the learnings from the free trial survey in a bit more detail. Harry’s a wonderful interviewer, and moves effortlessly from topic to topic. I made him laugh once later in the show when I told him about the last book I read. Normally, he’s the one making me laugh.
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This is going to be BIG.
FEBRUARY 25, 2019
The other day, I generated a lot of buzz and feedback around my assertion that calling yourself an “angel investor” should require a little more than small syndicate investments: You are not an angel investor if all your investments are less than $10k, made through @AngelList syndicates, and the founder doesn't even know who you are because you've never met.
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