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How to Make Better Reference Calls

Both Sides of the Table

Reference calls. Ask for at least 5 references. As your candidate for at least 5 references. Ask for at least 5 references. As your candidate for at least 5 references. I like to get a mix of people who have reported to the candidate, whom the candidate has reported to (2x) and peers.

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Want to know why charging $12 / year converts higher than $9.99?

Both Sides of the Table

Your goal is to increase the top end of the funnel (more people using the free product) and increase the rate of conversion to paid. They realized for them this was dumb because people didn’t want to use up their credits so viral adoption wasn’t happening quickly enough. there was no frame of reference for the value.

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Why Startups Need to Blog (and what to talk about …)

Both Sides of the Table

I know that I have not yet earned these kudos based on investment returns (although my partners have. GRP Partners last fund is the single best performing VC fund in the US (prequin data) for its vintage year). I chose it because I thought it would represent who I am – mostly an entrepreneur but somebody with investment chops.

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The 5-Step Blueprint for Finding Your Perfect Co-Founder

Entrepreneur's Handbook

Without further ado, here are the five actionable steps that I’ve used to find, assess, and partner with the right co-founder. Once you fill this out… Step 4: Meet to discuss answers and conduct reference checks Set up an hour or two to sit down and review each other’s answers in person or via a conference call.

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4 Finance Lessons for Rookie Entrepreneurs

Entrepreneurs' Organization

It’s hard to face that you, first, have what are considered sunk costs—investments that you will never recover—and, second, are making decisions based largely on these lost assets. . You fail to consider the overall losses you might suffer in making further investments. When in doubt, refer to a finance professional for guidance.

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Plume raises $300M as it passes 1.2B devices in 35M homes using its smart Wi-Fi service

TechCrunch

Plume’s CEO and founder Fahri Diner said the startup will be using the money to continue building out its software platform, inking and servicing more deals with carriers and generally expanding its horizons. Insight was the sole backer in its last round, investing $270 million at a $1.35 billion valuation in the startup.

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Egypt’s Breadfast wants to build ‘Gopuff for Africa and Middle East’, gets $26M backing

TechCrunch

The investment is coming two years after Breadfast raised a $2 million pre-Series A round. Breadfast employed a mix of improved customer experience (from what customers expected from traditional players) and a native supply chain process to gain entry into the market, said Amin.

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