asterisk2a + start-up   565

Entrepreneurs don’t have a special gene for risk—they come from families with money — Quartz
micro social safety net helps taking risks. see also what happens to your brain when living in poverty day to day. // And this is a key advantage: When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “Many other researchers have replicated the finding that entrepreneurship is more about cash than dash,” University of Warwick professor Andrew Oswald tells Quartz. “Genes probably matter, as in most things in life, but not much.” [...] “If one does not have money in the form of a family with money, the chances of becoming an entrepreneur drop quite a bit,” Levine tells Quartz.
Entrepreneurship  Silicon  Valley  Grundeinkommen  Universal  Basic  Income  social  safety  net  Dogma  chronic  stress  poverty  trap  Deprivation  Middle  Class  working  poor  Myth  UBI  risk  mental  health  Start-up 
september 2017 by asterisk2a
Hi-tech financial firms flee UK amid doubts over Brexit | Politics | The Guardian
Leading ‘fintech’ player says ‘the exodus is beginning’ as members of £6bn industry start seeking other bases in Europe
Brexit  London  Start-Up  VISA  immigration  regulation  regulators 
february 2017 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Episode 064 — Disrupting Trump by ExponentFM
37:00 - people go to amazon. pipe of stuff // same w Netflix - pipe of entertainment / front door of entertainment // cost free, marginally no cost to expand // key is now discovery! // but suppliers have no choice. cost pressure. // aggregation theory // differentiation only from being irreplaceable. unique. focused. narrow. avoid go out of way of commoditization. price is dead. newspaper itself has been fractured, broken up. // amazon is default for consumers. // how would you build a business that fit into amazon? that still makes you successful? differentiate to the point where you get a direct connection to the consumer! << custom to order quote paintings and other!? Want to compete in a completely new arena! where things are not scalable. where people can't compete on price with you. no "low-end focus" // winner take all effects - monopsony - size leverage to command conditions. // 1:12:00 find a niche
Amazon  Prime  e-commerce  Netflix  economics  of  abundance  abundance  marginal  cost  long-tail  subscription  model  subscription  publishing  2.0  digital  publishing  self-publishing  newspaper  Print  is  Dead  Etsy  Marketplace  commodity  business  commoditization  differentiate  differentiation  Gary  Vaynerchuk  Start-up  of  You  lesson  advice  Retail  pure  play  oligopoly  oligopol  competitive  competitive  advantage  competitiveness  monopsony  Brand 
february 2016 by asterisk2a
Pando: Sources: Vegas-based Work In Progress co-work space is shutting its doors
Organic is better is more sustainable // Vegas Downtown Project // have a framework (macroprudential policy), but don't pick winners, cities, regions, ... roundabouts. // semiconductor boom bust in scotland, outside glasgow, area - via tax breaks (ie IBM spango vallye)
free  market  Venture  Capital  subsidies  subsidizing  corporate  welfare  Silicon  Valley  Vegas  Downtown  Project  Berlin  Start-Up  Scene  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Silicon  Alley  economic  history  fossil  fuel  renewable  energy  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  tax  code  fiscal  policy  industrial  policy  job  creation  STEM  Manufacturing  dogma  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians  No  Representation  short-termism  Opportunism  opportunist  microeconomic  policy  macroprudential  policy  macroeconomic  policy  intellectual  property  IP  progressive  tax  code  tax  evasion  tax  avoidance  democracy  social  democracy  fairness 
february 2016 by asterisk2a
"Go Butler": So will das deutsche Start-up in den USA überleben - SPIEGEL ONLINE
"Ich habe keine Ahnung, wie die je profitabel werden wollen" [...] Andere Concierge-Services haben sich vom Gute-Fee-Modell bereits verabschiedet: Der amerikanische Konkurrent Magic verlangt seit Kurzem die happige Gebühr von 100 Dollar für jede Stunde, die seine "Magicians" an der Wunscherfüllung arbeiten. [ 61 Minutes] Heute verdient das Unternehmen 70 bis 80 Prozent seines Umsatzes mit Firmenkunden. Eine Beratungsfirma etwa lässt "Sixtyone Minutes" ihre gehetzten Consultants von lästigem Alltagskram entlasten. [ < marginal propensity 2 consume higher as cost of time is higher! ie business consultants, researchers, executives and directors ]
personal  assistant  Facebook  augmented  intelligence  AI  Google  Now  on  Tap  Google  Now  artificial  intelligence  Google  Search  mobile  homescreen  business  model  marginal  cost  margin  marginal  propensity  to  consume  Siri  Facebook  Messenger  Apple  Google  Inc.  Microsoft  Cortana  Go  Butler  Berlin  Start-Up  Scene 
january 2016 by asterisk2a
When a Unicorn Start-Up Stumbles, Its Employees Get Hurt - The New York Times
Just how punishing that price was became clear in late September. In an investor document about the sale that was distributed to shareholders, employees discovered their Good stock was valued at 44 cents a share, down from $4.32 a year earlier. In contrast, preferred stock owned by Good’s venture capitalists was worth almost seven times as much, more than $3 a share. The paperwork also showed that Good’s board had turned down an $825 million cash offer just six months earlier, in March. // via https://redd.it/3yehai
Unicorn  liquidation  preferences  Venture  Capital  termsheet  Start-Up  advice  Start-Up  lesson  downround  Private  Equity 
december 2015 by asterisk2a
Udacity Marks 1,000 Graduates from Online Education ‘Nanodegrees’ | Re/code
“I direct my work not towards what I’m best at, but where there’s impact,” Thrun said. “If you can build a self-driving car, that’s great. But if you can teach people to build a self-driving car, that’s even better.” // along the lines of great minds with small ideas (yet another consumer-entertainment-escapism product).
MOOC  Udacity  life  hacker  life  lesson  Purpose  intrinsic  motivation  missionary  vision  visionary  e-learning  online  learning  elearning  career  advice  Start-Up  advice  Start-Up  lesson  impact  career  ladder  consumer  product  disruption  disrupting  markets  Silicon  Valley  counter  culture 
october 2015 by asterisk2a
Pando: The most patient man in Silicon Valley
Too much in Silicon Valley revolves around hyperspeed. Everything in the startup world is an emergency that needs to be solved in an all-nighter last night, if you allow it to be. The genius in Ravikant’s AngelList is its measured, methodical, brick-by-brick pace to build a software platform to replace, save, wreck, or augment – the verb depends on your point of view – a business that everyone insisted for decades was incurably human, boutique and done with deeply-trusted partnerships and eye-to-eye handshake deals. //&! bit.ly/1LS4aVg - The “The old Series A investor who put in $2 million and really cared and had resources is dead.” [...] “A seed fund doesn’t have the resources that a Kleiner Perkins or a Benchmark had,” [ Incubators are only 3 months long ] AngelList syndicate leads help, but they don’t care enough to help [as classic VC's] [...] Entrepreneurs have to stitch it together themselves.”
Naval  Ravikant  AngelList  Venture  Capital  Silicon  Valley  Networking  Software  Is  Eating  The  World  crowd  funding  Seed  Round  Angel  Investor  disruption  disrupting  markets  bottom  up  SPV  growth  Party  Round  Angel  List  angel-list  A  Round  Start-Up  lesson  Start-Up  advice 
october 2015 by asterisk2a
American Apparel: a trip from the height of cool to lows of bankruptcy | Business | The Guardian
[ your edgy and PR storm/press differentiation can become a liability to future growth especially if you use that kind of marketing to grow, clickbait is not sustainable. stupid. should have stayed private and nimble! wall street and the numbers call it a bluff of the founder, cant be bigger & more than it was pre-ipo. no growing endlessly as edgy brand ] American Apparel has faced growing competition in the US from cut-price overseas competitors such as H&M, who have effectively replicated the brand’s fashion for a lower price. [...] recorded a loss for ten consecutive quarters, which was unsustainable given its debts. [...] American Apparel is the country’s biggest manufacturer of clothing and it is based in downtown Los Angeles. The company claims to pay experienced factory works more than $30,000 a year, compared with $600 a year for workers in Bangladesh factories. [...] we are taking this step to keep jobs in the US, and preserve the ideals for which the company stands.”
American  Apparel  Fashion  Industry  Manufacturing  Branding  brand  awareness  differentiate  differentiation  USA  Fast  Fashion  commodity  business  commoditization  Retail  pure  play  e-commerce  Wall  Street  IPO  shareholder  value  profit  maximisation  mainstreet.org  fiduciary  responsibility  Venture  Capital  entrepreneur  entrepreneurship  Start-Up  lesson  Start-Up  advice  marketing  PR  advertising  advertisement 
october 2015 by asterisk2a
Zumper: One-Third Of San Francisco’s Rent Is Attributable To VC Funding | TechCrunch
[capital efficiency?] // the other 1/4th is bidding up via credit bubble riches, diversification. other 2/4ths from planning restriction and natural biz cycle of sv //&! http://www.thebolditalic.com/articles/7266-an-open-letter-to-anyone-moving-to-san-francisco-for-a-tech-job - For context, people are right to be angry; shit is certainly fucked up. Since 2010, rents have risen by 40%, and eviction rates have risen by 38%—two rapid changes that have had very visual consequences all across the city. Much of SoMa, for instance, looks like an elephant graveyard. Sidewalks look like the surface of the moon; alleys are littered with broken glass; and streets are strewn with sleeping persons and human shit. All of this can be observed from in the shade of the brand-new office buildings and luxury condos that now line the streets everywhere east of 4th Street. [...] those who move to San Francisco and don’t engage with the community dilute and adulterate San Francisco’s sense of character.
San  Francisco  Venture  Capital  cost  of  living  cost  of  entry  standard  of  living  city  living  burn  rate  New  York  Start-Up  Scene  London  Scene  runway  Networking  Network  economies  of  agglomeration  ecosystem  community  gentrification  Gentrified  speculative  bubbles  property  bubble  credit  bubble  BRIC  QE  ZIRP  hunt  for  yield  FOMO  NIRP  centralbanks  asset  allocation  alternative  investment  allocation 
september 2015 by asterisk2a
Snapchat: Neue Bezahlfunktion erlaubt Zurückspulen - SPIEGEL ONLINE
[ true north of Leaders of Snapchat and Tinder ??? creating a two class app, paying for convenience and privilege?! ] Snapchat lebt von Flüchtigkeit: Fotos und Videos verschwinden nach dem Ansehen. Jetzt kassiert die Chat-App diese Funktion. Für 99 Cent gibt es drei Wiederholungen. Auch die Flirt-App Tinder nimmt Geld fürs Zurückspulen. //&! youtu.be/1CbP0gxvWWw - Consumer products need to stay fresh (in consumers mind, word of mouth, discussion, hello we still exist). Snapcash, pay for replay, ... ... Twitter lacked staying fresh (new product release cycle slowed down bc of internal stuff ...), Tinder, Instagram, Facebook, WhatsApp (utility (less is sometimes better) vs entertainment (differentiation)), WeChat, Line, Kik, ... Tumblr (slow ... bc of internal and tech was slow w Android/iOS app), Reddit (ouch).
Snapchat  Tinder  business  model  pageviews  native  advertising  advertisement  advertising  friction  frictionless  constraint  artificial  constraint  authentic  authenticity  Leadership  vision  mission  True  North  CEO  Product  Design  Core  Product  Value  Proposition  creation  intangible  Value  Proposition  added  community  community  management  Start-Up  advice  Start-Up  lesson  Gary  Vaynerchuk  consumer  Twitter  Facebook  Instagram  Facebook  Messenger  WhatsApp  WeChat 
september 2015 by asterisk2a
The more you pursue happiness, the faster it runs from you | Zach Stafford | Comment is free | The Guardian
Psychologist Iris Mauss at the University of California, Berkley found that the pursuit of happiness might just leave you worse off. “Wanting to be happy can make you less happy,” said Mauss in an interview with livescience.com. “If you explicitly and purposely focus on happiness, that appears to have a self-defeating quality.” [...] In her studies, participants who were not happy would begin blaming themselves for feeling sad. They thought it was an immediate flag for their failure, making these negative feelings even more counter-productive. The people who accepted these negative feelings as normal, however, were much happier in the long run. So, accepting your sadness could actually make you feel good. [...] For Darwin, emotions were very much tied to surviving, which requires more than just happiness. [...] Be open about how you’re feeling, don’t try to hide behind it or conceal it. // &! keeping a diary talking to and about yourself compassionately.
happiness  index  well  being  Purpose  intrinsic  motivation  work  environment  Autonomy  vision  mission  Start-up  of  You  lesson  advice  HR  human  resources  4-day  work  week  people  management  team  management  chronic  stress  burnout  workplace  beyond  workplace  drama  Mastery  impact  social  entrepreneurship  volunteering  volunteer  Descape  honesty  radical  honesty  Failure  communication  Alain  de  Botton  compassion  empathy  society  culture  zombie  consumer  sociology  selfish  gene  Selbstdarstellung  Selbstfürsorge  perfectionism  Psychology  philosophy  life  hacker  life  lesson  emotion  evolution  community  character  personal  values  long-term  view  long-term  thinking  consumerist  Dopamine  consumerism  materialism 
september 2015 by asterisk2a
Mike Ueberroth - Mobile Uploads
Malala Yousafzai & Kylie Jenner. Both turned 18 recently. One was given a Ferrari and spent thousands on facial modification. The other was awarded a Nobel Peace Prize, survived a gun shot to the face by the Taliban due to corruption in her country, and opened a school for Syrian refugees to combat the lack of education for youth around the world. What's upsetting is the media is only covering one of these stories as "breaking news." Share the post to spread real love and inspiration across the youth of the world. Last thing to note, Malala is infinitely more beautiful! **re-posted // hard things are hard for a reason! // what happens to the cognitive surplus what everyone talked about at the turn of the century? its being eaten by consumption pattern - on the mobile homescreen (Entertainment, utility, Gaming, Escapeism, snacking).
Social  Media  Celebrity  of  You  culture  status  anxiety  status  symbol  socioeconomic  status  status  Selbstdarstellung  Selbstfürsorge  Selfie  Millennials  Dopamine  Persistence  instant  gratification  work  career  advice  career  ladder  intrinsic  motivation  Purpose  happiness  index  well  being  Mastery  Autonomy  life  hacker  life  lesson  Process  Gary  Vaynerchuk  Casey  Neistat  Perspective  change  entrepreneurship  generationy  Start-up  of  You  cognitive  surplus  mobile  homescreen  zombie  consumer  distraction  attention  span  21stcentury 
september 2015 by asterisk2a
How Microsoft Lost Its Mojo: Steve Ballmer and Corporate America’s Most Spectacular Decline | Vanity Fair
Lost decade under Ballmer, the sales guy. Sales guy is not the right guy 2 make a dent into the universe. //&! JULY 2012 Microsoft’s Downfall: Inside the Executive E-mails and Cannibalistic Culture That Felled a Tech Giant - vnty.fr/1OU6xUN //&! NOVEMBER 2014 The Empire Reboots - vnty.fr/1FZ4mJd //&! bit.ly/1isyHfL //&! Bill & Ballmer not on speaking terms - on.mash.to/1isyFED cnet.co/1KcO02M //&! Steve Ballmer talks LA Clippers, Satya Nadella & Microsoft. Just dont ask him abt Gates - ind.pn/10mLbMH //&! read.bi/1Lw4zXs // &! Start-up advice/lesson is that you have to have a true north to be long-term relevant, big enough to be seemingly inexhaustible! Yahoo! NO. AOL. NO. Twitter. Still Debating it internally, reflective of nobody being the true leader with true leadership capabilities, everyone cooking & suggesting spices. Facebook. YES. LinkedIn. YES (economic graph). Amazon. YES. Zappos. YES. RocketInternet. NO. Google. YES. Foursquare. YES. Tumblr. NO. Reddit. YES. HBO. YES.
Steve  Ballmer  Bill  Gates  Apple  Google  Google  Inc.  Alphabet  Inc.  Platform  EULA  Windows  8  Windows  10  Satya  Nadella  Leadership  CEO  mission  vision  Principle  Mittelstand  SME  SMB  consumer  product  Facebook  Twitter  Bing  Yahoo!  WhatsApp  WeChat  Line  Kakao  Talk  Silo  SAAS  Microsoft  Azure  AWS  Amazon  Silicon  Valley  Android  iOS  Hardware  Software  Nokia  Patent  patents  IP  intellectual  property  technological  progress  technological  history  disruption  disrupting  markets  bottom  up  dream  Start-Up  lesson  Start-Up  advice  Venture  Capital  Google+  Tumblr  Reddit  AOL  linkedin  foursquare  Dennis  Crowley  HBO 
september 2015 by asterisk2a
The Myth of Valley DoucheBaggery - John Battelle's Search Blog
But I think our industry culture is moving far faster than the writers at Silicon Valley might wish to believe. I think we’re seeing the rise of a new culture, one that rejects arrogance and the founder worship which breeds it. Inevitable outliers aside, the Valley and technology culture I experience every day in my work at NewCo is one of passion, sweat, earnestness, and good intentions. Sure, we all fuck up. And sure, the press (especially, not surprisingly, the press in New York) has a field day when someone does. But by and large, the teams making companies like Slack, LiveRamp, Medium, Earnest, MetroMile, Lyft, Okta, Pinterest, and hundreds more are damn fine people, and they are dedicating their lives to making something that creates positive change – a product or service that makes the world a better place (even if it’s in a small way). [...] When you’re facing existential threat, our tolerance for douchebaggery in the name of making more money at any cost, ....
Silicon  Valley  counter  culture  brogrammer  asshole  culture  asshole  game  Steve  Jobs  CEO  Leadership  corporate  culture  corporate  values  vision  mission  impact  Privileged  Establishment  Toff  wantrepreneur  Trust  Fund  Kid  Campus  Evan  Spiegel  Hype  Cycle  insular  cooperation  partnerships  Collaborative  collaboration  Open  Platform  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  post-capitalism  crony  capitalism  Millennials  character  Travis  Kalanick  capitalism  exploitation  Apple  PR  spin  doctor  Amazon  Jeff  Bezos  corporate  social  responsibility  CSR  Salesforce  Marc  Benioff  social  entrepreneurship  Non-Profit  long-term  view  short-term  view  opportunist  Opportunism  Start-Up  advice  Start-Up  lesson 
september 2015 by asterisk2a
What I Learned This Week About Tim Cook’s Apple | Re/code
[ always along the motto: extension of you, part of you. The new Apple under Jobs was NOT an overnight success! It build on its differentiation, strong base, a cult, a Tribe, 1000 True Fans, and build on it stride by stride. Most capitalistic company out of SV, no counter-culture out of largest corp on world. & can pull of iAd coup because it has monopsony! & Duopoly w Android. ] Many people love Apple, others despise it. But, even without Jobs, it cannot be ignored. There simply is no other company that combines such a high-quality hardware line with such well-regarded software platforms. A faltering Samsung has the former, but not the latter. A strong and admirable Google has the latter, but not the former. If you didn’t believe that before, this week’s event made it crystal clear, with once-bitter rivals like Microsoft and Adobe showing up onstage to boast about how well their products worked with new Apple hardware and software. [ sw & hw iteration = leverage comp advantage ]
Apple  iOS  Hardware  commodity  business  commoditization  Android  Software  Is  Eating  The  World  Software  Google  Inc.  Samsung  HTC  Lenovo  LG  Apple  TV  iPhone  Apple  Watch  Steve  Jobs  Tim  Cook  aspirational  product  PR  spin  doctor  public  relations  Positioning  marketing  public  image  status  symbol  status  anxiety  materialism  consumerist  consumerism  zombie  consumer  socioeconomic  status  social  status  emerging  middle  class  Platform  Silo  Apple  App  Store  Google  Play  R&D  Research  STEM  Microsoft  Nokia  Motorola  Adobe  Satya  Nadella  Leadership  vision  mission  differentiate  differentiation  Selbstdarstellung  Luxury  crony  capitalism  capitalism  post-capitalism  Wall  Street  profit  maximisation  shareholder  value  counter  culture  Silicon  Valley  Internet  Privacy  Privacy  iAd  Siri  AdBlock  personal  assistant  competitive  advantage  corporate  strategy  long-term  view  Tribe  Cult  1000  True  Fans  brand  awareness  Branding  Start-Up  advice  Start-Up  lesson  monopsony  duopoly  antitrust 
september 2015 by asterisk2a
Pando: Your biennial reminder that hype is a drug
"Hype is a drug. As the entepreneur you can't resist it. But as the entrepreneur it'll bite you in the ass every time. So if you choose to build your company on hype, you're going to have to live with the consequences." // & cheerleading squadron that sits inside the bubble & transmits signals 2 the outside world is not helping these companies 2 dampen down 'just reporting'. There are rarely if, buts, question marks, demand for numbers, critical journalism, viability and sustainability questions, ... there is no journalism. and forget investigative journalism that could break another Techopus. Its also fuelled by the way established companies handle their PR. treat journalists. off the record practise, invites, dont tell anybody else, u didnt hear that from me, here is the invite 4 that special even for special people, ego stroking techniques. feeding ground for insular environment. //&! Fancy office (phony display of success) w A Round money 4 no revenue plan product &JUST BUY GROWTH!
Fred  Wilson  Hype  Cycle  Start-Up  advice  Start-Up  lesson  Unicorn  Venture  Capital  FOMO  hunt  for  yield  distortion  downround  Silicon  Valley 
september 2015 by asterisk2a
More evidence that Snapchat needs to just kill Discover already
>> bit.ly/15SfOfU &! bit.ly/1M6Khcb &! bit.ly/1uxEz6s (( Discover wants to be Newsfeed ala Facebook without 'Liking' a page (BEING FED ... uhhhh, so TV/Radio/Newspaper. You don't discover, you are being fed.), but curated, and first foray into introducing ads (figuring out a business model) ... and not opting to go/experiment w native ads (Snaps pushed to users, ala Superbowl ads! at around half the price point of Superbowl ads? Why not. With a tight grip on quality, storytelling, authenticity, ... sure can't scale it very much. And not the ultimate money machine at first.) )) --- vs --- Gary Vaynerchuks opinion on it - bit.ly/1zBUCYm &! bit.ly/1XSVS2L - argues if programming is good (content being the variable) people will go there repeatedly vs their website or own app. // BUT is Discover too far removed from Snapchat being Snapchat (medium is the message) itself and thus friction. Bc of no empowerment, engagement, experience the original medium has! Stapled on non-native feature.
Snapchat  Snapchat  Discover  Evan  Spiegel  Facebook  user  generated  content  Facebook  Instant  Articles  Newsfeed  Twitter  LinkedIn  Pulse  The  Wars  noise  pollution  noise  Signal  vs.  content  curation  curation  algorithm  Platform  TOS  user  experience  user  engagement  customer  empowerment  customer  experience  mobile  homescreen  user  behaviour  creative  content  creator  ProAm  creator  creating  creativity  value  creation  utility  Escapeism  Entertainment  Smartphone  added  value  Core  Product  Proposition  Proposition  Start-Up  lesson  Start-Up  advice  business  model  pageviews  advertising  advertisement 
september 2015 by asterisk2a
Option Games: Common Stock Values Get Murkier — The Information
Valuing common stock has gotten trickier for startups. The growing number and complexity of rights on preferred shares are causing companies to adjust their reasoning around how much their common stock is worth, according to firms providing the valuations and lawyers overseeing them. But companies still have a lot of discretion, a reminder that how startups calculate their value frequently bears little relation to big funding headlines. [...] Valuations of startup firms’ common stock for employee option grants has been complicated by increasing complexity of rights on preferred stock and secondary market transactions. [...] [ !!! Snapchat offered common stock only in recent (May 2015) investment, Alibaba & two hedge funds were ok with it. But further termsheet details (liquidation preferences) unknown. Existing holders of common stock (employees) could be diluted massively, in future, ie Snapchat has a down round in the future/eventual IPO - on.wsj.com/1KICv8H &! bit.ly/1iiJw3G ]
cap  table  liquidation  preferences  common  stock  employee  option  grants  Start-Up  advice  Start-Up  lesson  HR  human  resources  compensation  package  valuation  Unicorn  Decacorn  preferred  stock  termsheet  Venture  Capital 
september 2015 by asterisk2a
Venture capitalists have Dying Unicorn lists. But they won't share 'em - Fortune
don't you reduce risk with each VC round raised? // Venture capitalists say startups are taking on too much risk, and a shakeout is inevitable. But they’re not saying who will be shaken out.
Unicorn  growth  round  Venture  Capital  Start-Up  lesson  Start-Up  advice 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
APIs Are The New FTEs | TechCrunch
In The New World, FTEs (Full-Time Employees) Will Become APIs. Much has been made about how the dropping cost of website infrastructure has spurred a boom in startup formation, with Amazon Web Services held up as the prime example. The capital cost of servers has been eliminated, but even more important is the plummeting human cost. (<< Netflix has no own data center) [...] Companies and products like Heroku, Celery, RabbitMQ, Mandrill, Fastly, Chartio, Chargebee, Shipwire, Docker, Codeship, Rainforest QA, Replicated and Chartbeat have changed the nature of tech development. [...] Sure, there is a shortage of talent today, but developers are rapidly finding ways to put future developers out of jobs.
API  Blue-collar  Worker  White-collar  Worker  knowledge  domain  knowledge  knowledge  economy  Why  Software  Is  Eating  the  World  augmented  intelligence  AI  artificial  intelligence  Software  Is  Eating  World  Software  Development  Open  Source  marginal  cost  economics  of  abundance  Mobile  Creatives  Future  of  Work  Start-Up  advice  Start-Up  lesson  Platform  SAAS  proprietary  disrupting  markets  disruption  bottom-up  innovator  innovation 
september 2015 by asterisk2a
Five years, building a culture, and handing it off. - Laughing Meme
Nothing we know [ about X ] should be assumed to be true. // Technology is the product of the culture that builds it. // If you want to build for the long term, the only guarantee is change. Invest in your people and your ability to ask questions, not your current answers. Your current answers are wrong, or they will be soon. // Software development should be thought of as a cycle of continual learning and improvement rather a progression from start to finish, or a search for correctness. If you aren’t shipping, you aren’t learning. If it slows down shipping, it probably isn’t worth it. Maturity is knowing when to make the trade off and when not to. // You build a culture of learning by optimizing globally not locally. Your improvement, over time, as a team, with shared tools, practices and beliefs is more important than individual pockets of brilliance. And more satisfying. [ anti-Rock Star dev philosophy ] [ book by Red Hat CEO Open Organization ]
Start-Up  lesson  Start-Up  advice  Facebook  linkedin  Google  Google  Inc.  Alphabet  Inc.  scaling  corporate  culture  corporate  values  Failure  team  management  people  management  business  management  innovator  innovation  lefty  counter  culture  disruption  bottom  up  imagination  dream  disrupting  markets  Silicon  Valley  ecosystem  CEO  Leadership  of  You  Open  Organization  transparency  communication  community  community  management  Open  Source  accountability  equality  ProAm  Software  Development  Programming  programmers  continual  education  learning  accelerated  learning  learning  curve  Netflix  Etsy 
september 2015 by asterisk2a
We’re gonna need a bigger round...
After 15 years of staggering declines, the cost of building a company in San Francisco is rising sharply // prohibitive! diluting too much too early. // China and other BRIC paper millionaers divesting into property speculators, around the world. every city that has seen substantial price appreciation +10-20% over last +5 years // hot money from monetary policy, excess reserves, flushing around the globe //
cost  of  entry  cost  of  living  living  standard  living  spaces  standard  of  living  city  living  commuting  London  Start-up  Scene  San  Francisco  burn  rate  runway  advice  lesson  urbanisation  urban  planning  Mountain  View  Palo  Alto  Redwood  growth  round  Venture  Capital  hunt  for  yield  FOMO  asset  allocation  asset  bubble  speculative  bubbles  property  bubble  hot-money  ZIRP  NIRP  QE  China  PBOC  2015  credit  bubble  Fed  ECB  BOJ  excess  reserves  economic  history  equity  bubble  bond  bubble  bubbles  speculative  speculation  Micro  VC  Limited  Partners  Angel  Investor  Seed  Party  valuation  globalization  globalisation  flat  world  borderless 
september 2015 by asterisk2a
Movinga vs. Movago – wer ist hier das Copycat? | Gründerszene
German start-ups copy each other now ... It's not the Samwer Brothers anymore, they have already lots on their existing plate (made up of copycats). Add the credit bubble, public market distortions and free cash that is flushing around put into seed rounds, as enabler. #Facepalm // smart heads, small opportunist ideas, x for y locally here in z.
Berlin  Start-Up  Scene  Europe  Start-Up  Scene  copycat  Samwer  Brothers  2015  credit  bubble  hunt  for  yield  distortion  Private  Market  Silicon  Valley  Germany  culture  Failure  stigma  entrepreneurship  wantrepreneur  execution  creative  destruction  disruption  disrupting  markets  counter  culture 
september 2015 by asterisk2a
Gary Vaynerchuk | USC Entrepreneur Talk | 2015 - YouTube
// I am an HR dictator. Don't be a dick like Steve because Steve was a dick and was successful and this icon that died a tragic death. << wantrepreneur. // its about having a product/market fit and executing well! it's what you do with it. //
Gary  Vaynerchuk  wantrepreneur  entrepreneurship  Start-up  of  You  entrepreneur  advice  lesson  HR  human  resources  corporate  culture  corporate  values  long-term  Legacy  CEO  Leadership  recruiting  recruitment  self-actualization  self-awareness  hunt  for  yield  2015  Silicon  Valley  irrational  exuberance  hubris  panic  execution  Product/Market  Fit 
september 2015 by asterisk2a
Re-Thinking the Way We Work with Basecamp CEO Jason Fried by The Growth Show
https://knowyourcompany.com/ // Transparency internally, via wiki ala Google. Everything in it. People can catch up, get to speed much faster when joining. And Transparency externally ala Buffer. // Book: Open Organisation (Red Hat CEO's book) // // ~~ Slack (group chat) has downsides, is too fast for non-important stuff that creates non-important discussions. ~~ creeps on your efficiency and productivity. interrupts. // "Work Ends." // recovery, time away, wasting time (Felix Salmon) == eureka effect. Creative solution not through the problem but around the problem.
book  Start-Up  advice  Start-Up  lesson  David  Heinemeier  Hansson  Jason  Fried  HR  human  resources  meetings  Buffer  productivity  Slack  decision  making  business  management  4-day  work  week 
september 2015 by asterisk2a
Robert Greene: How to Master Anything and Achieve Greatness by Lewis Howes | Free Listening on SoundCloud
craft a career path that suits ur interest. what are u getting excited abt every day. helps with learning, deep learning! the more passion. the more knee deep u are in. increases ability to learn. // go through apprenticeship, and tour of duty. its skills skills skills. 3, 4, 5, 6, ... live in hyper competitive world (globalisation) // information has to become accumulated, stored, put into action again and again (retrieval). // social intelligence, EQ, forging your own path, // let your work speak for itself, for you. // social intelligence // 10000 hours // you become the product of your education (environment). // Napoleon // we life in a complex world, master your complex field, ideas come to you. philosophers stone. // its about problem solving. its not sexy and glamorous // entrepreneurship is about character, worth more than an ivy league degree // go where you learn most, start-up // u dont want people 2 love u, u have no control over it, it is not needed. its abt skills.
Robert  Greene  book  Start-up  of  You  Success  Failure  self-actualization  self-awareness  passion  long-term  view  differentiate  differentiation  capital  skills  skill-biased  technological  change  practical  skill  set  skills  gap  career  advice  career  ladder  competitiveness  competitive  Future  of  Work  Mobile  Creatives  mentoring  mentor  life  hacker  life  lesson  Problem  Solving  Personal  Brand  practical  skills  softskills  skills  discipline 
september 2015 by asterisk2a
Episode 30: Felix Salmon by Product Hunt
Everyone should be doing something lefty. The internet was abt that. Now its everyone wants 2 be big. Optimised. Cool things come out of waste, wasting times, free time, ... eureka effect. Lefty things are not optimised. // "We build a fucking great bridge." Nobody did back then seismic modeling. They just build a fucking great bridge that actually can carry twice the lanes/traffic, you can just put a 2nd deck on it with another 6 lanes. << build 4 prosperity. not optimised. THUS lesson, build ur business that way, 4 prosperity, pay money if u want 2 used it. Dont optimise 4 anything specifically. // Oldest Companies are still family owned. Not pressures by Wall Street 4 growth & profit. "No one is happy being profitable." "You wind up taking risks, eventually falling on your face." #growth-fetish // Venture Capital wants an exit. U put urself in that corner & have fiduciary responsibility. // If u own category/vertical u can sort of set price! & 46 oh hi there world, own platform!!!
Silicon  Valley  closetphile  social  entrepreneurship  Internet  Start-Up  advice  Start-Up  lesson  of  You  life  hacker  life  lesson  philosophy  Felix  Salmon  Wall  Street  crony  capitalism  post-capitalism  capitalism  shareholder  value  profit  maximisation  David  Heinemeier  Hansson  bootstraped  bootstrapping  bootstrapped  native  advertising  friction  frictionless  value  creation  Core  Product  Proposition  values  corporate  values  corporate  culture  Proposition  intangible  value  added  value  personal  values  counter  culture  advertisement  advertising  pre-roll  ad  micropayment  micropayments  Bitcoin  Dogecoin  brand  awareness  branded  content  e-mail  marketing  referral  marketing  attention  span  attention  graph  Twitter  oh  hi  there  world  Facebook  Instant  Articles  Apple  Newsstand  Apple  News  Google  Search  Newsfeed  Facebook  RSS  Platform  TOS  EULA  24-hour  cycle  business  model  pageviews  BuzzFeed 
september 2015 by asterisk2a
Wellness in the workplace: how health initiatives can boost staff productivity | Guardian Small Business Network | The Guardian
Encouraging colleagues to exercise can help remedy strains and stresses – but there’s a fine line between wellbeing and piling on more pressure to achieve [...] “It offers the team opportunities to mix outside the workplace, so the engineering team gets to hang out with the care team, for example, and this contributes significantly to morale. I would definitely recommend other businesses consider a similar initiative.” [ investment in your company and people! ] [...] [its] about balance and tailoring activities to the interests of your staff. Provided you get this right, you can improve productivity levels and staff attitudes towards your business – in a 2013 survey by Mind, 60% of workers said they’d feel more motivated if their employer took action to support their mental wellbeing. [ gov should give tax incentive (partial write off) 4 health & well being programs! as it saves on sick days & NHS! ] &! bit.ly/1fDTyuf
productivity  well  being  chronic  stress  4-day  work  week  work  environment  workplace  happiness  index  sick  day  sick  population  health  care  budget  health  care  spending  western  lifestyle  western  diet  Standard  American  diet  pattern  diet  sedentary  lifestyle  Fitness  Start-Up  lesson  Start-Up  advice  mental  health  HR  human  resources  recruiting  recruitment  people  management  team  management  scaling  health  crisis  long-term  view  long-term  thinking  NHS  subsidies  subsidizing  financial  incentive  insurance  premium  incentive  UK 
september 2015 by asterisk2a
Pando: In the Valley, pre-seed is a meme. In New York, it’s a necessity
// cost of entry? // unable to make it happen? // Can't you write software from anywhere? // problem, heavily diluted early on approaching A/B, traditional shops don't like the cap table of pre-seed, angels, seed, accelerator & Micro VC's already owning ~+40% ... you come to a traditional A/B shop and not one of the existing investors is actually leading the round or committed in paper do double down? // // from a financial perspective/investment/math --- in the PRIVATE MARKET thrown under the bus by NIRP, QE, hunt for yield and FOMO (looking for their female unicorn or own Zuck) everyone can run 100 burger stands with unlimited/stellar returns in their spreadsheet model (bc cost of capital being 0 or negative). Despite the deflation of price of software & hosting (marginal cost, economics of abundance), Talent got bid up heavily (+200k/y in LA by Snapchat) in certain cities (SV, NY, London) // &! Steen Jakobsen - youtu.be/fnp5ETnKylU - min 16 avg guy does not have access to credit!
Seed  Round  Party  Round  Venture  Capital  Micro  VC  barriers  to  entry  cost  of  entry  London  Start-up  Scene  ecosystem  New  York  Scene  burn  rate  runway  traction  A  Round  seedfunding  funding  Angel  Investor  dilution  cap  table  lesson  advice  liquidation  preferences  hunt  for  yield  2015  distortion  FOMO  equity  bubble  credit  bubble  ZIRP  NIRP  QE  asset  allocation  Limited  Partners  monetary  policy  fiscal  policy  Wall  Street  asset  bubble  behavioral  finance  behavioral  economics  Silicon  Valley  Private  Market  Public  Market  reflate  reflation  cost  of  living  valuation  Unicorn  Decacorn  cost  of  leverage  financial  repression  financial  literacy  financial  financial  cycle  business  cycle  business  confidence  consumer  confidence  hubris  panic  irrational  exuberance  retail  banking  investment  banking  fractional  reserve  banking  banking  crisis 
september 2015 by asterisk2a
Why Europe Hates US Internet Giants In Six Charts | Monday Note
But when it comes to the digital revolution, European structures, mentality and inward-looking conservatism played against the innovation thrust.
Europe  Start-Up  Scene  Berlin  Start-Up  Scene  Failure  R&D  University  ecosystem  STEM  risk  aversion  stigma  Germany  culture  Silicon  Valley 
september 2015 by asterisk2a
Amazon's No Outlier: The Science Behind Broken Work Cultures | Fast Company | Business Innovation
via bit.ly/1LGvMtb // RESEARCH SHOWS THAT THE BETTER OUR REASONS FOR WORKING, THE BETTER WE WORK. AND IT ISN'T JUST AMAZON THAT SHOULD TAKE NOTE. // >> 4-day work week hustle and busting ass, 3 day weekend!? - via ycombinator commenter - I think that I did better work always having 3 day weekends, and opened up time for other activities like writing books and getting more exercise. - see descape.de/about/ - // work has meaning, u have identity, and get time to recover and explore else, not just identify yourself w work. // see teamtreehouse ryan carson. // http://thehustle.co/why-millennials-are-unhappy
4-day  work  week  descape  closetphile  Start-Up  advice  Start-Up  lesson  of  You  passion  vision  mission  social  entrepreneurship  identity  status  anxiety  sociology  Maslow  self-actualization  self-awareness  Amazon  corporate  culture  corporate  values  work  environment  environment  workplace  beyond  workplace  drama  chronic  stress  Millennials  generationy 
september 2015 by asterisk2a
What disruptive innovation means by The Economist
EVERY so often a management idea escapes from the pages of the Harvard Business Review and becomes part of the zeitgeist. In the 1990s it was “re-engineering”. Today it is “disruptive innovation” // innovators dilemma - blue ocean //
zeitgeist  disruption  disrupting  markets  innovation  disruptive  innovation  Silicon  Valley  book  Blue  Ocean  vertical  category  entrepreneurship  social  entrepreneurship  innovator  Start-Up  advice  Start-Up  lesson  conglomerate  technological  history  technological  progress  Wall  Street  corporation  industry  Fortune  500  change  accelerated  learning  accelerated  times 
august 2015 by asterisk2a
Ambition | The Best VC Blogs for SaaS Sales
If SaaS Products Sell Themselves, Why Do We Need Sales? - bit.ly/1iEDXFR - The true purpose of sales is to create new value for customers. Especially for a startup or growth company that’s addressing a new market or trying to solve a complex problem. That’s why enterprise/SaaS sales requires a well-developed process and guidelines. [ << blog, communication, evangelists, referral codes, feedback, content marketing, building a Tribe/1000 True Fans one by one >> ] Our job was to go out there and show customers a different but better way of doing business. // The Price Is Right: And for Early-Stage SaaS Companies, It Needs to Be. - bit.ly/1N55FgU - //Understanding Your Customer's Desired Outcome.
SAAS  Start-Up  lesson  Start-Up  advice  metrics  KPI  closetphile  sales  marketing  content  marketing  Tribe  1000  True  Fans  Purple  Cow  Seth  Godin  mission  vision  community  community  management  pricing 
august 2015 by asterisk2a
Modern Storytellers: Gary Vaynerchuk and Casey Neistat - YouTube
>> always on record. thus being consistent, you, authentic, key to sustainability. everyone is the PR agent for themselves. // bullshit detectors have become hyper-refined. // - have to open yourself up to it, as requirement, to be radically honest, vulnerable, see Brene Brown. // also, have to leave money on the table! << going for the marathon! not the sprint. not profit maximisation. go for legacy. willingness to say no, knowing when to say no because it would be short-term optimisation. // keeping values/guiding principles/mission/vision with growing team - is about success of your leadership team/exec team (Eventbrite gal talked about this in yc talk, surprised about internal champions/leaders). // [AD PRODUCT FOR CLOSETPHILE AND OH HI THERE WORLD!] attention graph/span: what brings value to ppl?! ads should bring, have to bring value! its not about reach/pageviews. its about attention. being part. creating value!!! also not add friction - ie pre-roll ad. normal ads steal time!
Gary  Vaynerchuk  Casey  Neistat  storytelling  Selbstdarstellung  status  anxiety  Social  Media  authenticity  authentic  Selbstfürsorge  Start-up  of  You  Branding  Personal  Brand  Brand  communication  community  management  attention  span  attention  oh  hi  there  world  closetphile  business  model  pageviews  value  creation  Core  Product  Proposition  intangible  value  Proposition  corporate  values  added  value  value  values  values  shared  economic  interest  lesson  advice  differentiate  differentiation  noise  pollution  noise  distraction  user  behaviour  lilwrld  advertisement  advertising  native  advertising  branded  content  content  marketing  advertorial  Programmatic  advertisement  targeting  advertisement  re-targeting  celebrity  culture  of  You  Vlog  Vlogging  shared  experience  shared  perspective  user  generated  content  actions  change 
august 2015 by asterisk2a
Jia Jiang, "Why Rejection is Awesome" | Talks at Google - YouTube
We will learn: - Master your own fear of rejection and how to make it your advantage - Customer Service: How to Turn Rejections Into Opportunities - You Can Say 'NO' and Make Me a Fan -- what my 100 crazy requests taught me about great customer service - Sales and Life: Why Rejection Is Your Best Friend
rejection  life  lesson  life  hacker  Failure  Start-up  of  You  advice  lesson  Fear  anxiety  status  anxiety 
august 2015 by asterisk2a
#TOA15: "Enabling Rapid Growth, a CFO’s Perspective" with Lee Kirkpatrick (Twilio) - YouTube
what got u to here, will kill u as u grow larger & larger (the usual (anecdotally) start-up chaos/shit-show will suck the life out of growth/co potential later on, need 2 build foundation/base/pillars/structure in form of CFO/COO/board/HR & some kind of processes 2 follow. so ppl dont have/will reinvent the wheel again. when? u probably will know it when u see it, but still can ask seasoned people who have been through it &/or ask 4 connections though ur VC. // keep being frugal, where possible. Amazon is still being know 2 be frugal. Door desks are still alive in Seattle Offices. No perks like Google/FB. Amazon made always losses, still makes losses via e-commerce unit. Had 2 be frugal otherwise it would actually been dead long ago. // Keep things in place that help/enable 2 grow! customer obsession (inventing in the name of the customer), response, service, keep adding value/value creation. // PLAY 2 WIN! FIGURE IT OUT as u go along around ur values!
Start-Up  advice  Start-Up  lesson  CFO  CEO  Founders  co-founders  scaling  bootstraped  bootstrapping  bootstrapped  Frugal  organizational  behavior  organizational  structure  corporate  values  corporate  culture 
august 2015 by asterisk2a
#TOA Interview with Fred Wilson & Brad Burnham of Union Square Ventures - YouTube
mi 32 - lack of adoption of SV model: no politics, execution, results driven, value creation, accepting Failure as outcome (culture of Stigma in EU and Germany) // min 36 - oh hi there world - buy into the company! a partner, strategic joint venture. shared economic interest, own platform by publishers! // miss-allocation of capital ! // hard things about hard things - Pivot, layoff vs running out of money not finding product/market fit & traction // early on its only hunch & gut based. // #TOA15: ¨Are the Germans Unable to Disrupt?¨ with Christoph Keese (Axel Springer SE) - youtu.be/YyuJmAtZQis - its abt value creation, value add, redesigning of value, chains, product, data. Big corps cant disrupt itself. especially not by committee. Legacy companies unlikely 2 survive bc of patterns 2 stick 2 the conventional & fail than fail with unconventional & look like a fool (risk aversion, Failure in the public eye). Book "Silicon Valley: Was aus dem mächtigsten Tal der Welt auf uns zukommt"
Europe  Start-Up  Scene  Berlin  Start-Up  Scene  Failure  incrementalism  incremental  value  creation  added  value  Core  Product  Proposition  intangible  value  Mittelstand  SME  SMB  Proposition  Venture  Capital  oh  hi  there  world  Fred  Wilson  London  Scene  Wall  Street  shareholder  value  profit  maximisation  book  ecosystem  distortion  asset  allocation  Germany  Europe  industrial  policy  Revolution  2.0  STEM  3D  printing  Software  Is  Eating  The  automation  automotive  Big  Data  Robotics  business  consumer  disrupting  markets  disruption  creative  destruction  Pivot  Product/Market  Fit  traction  self-awareness  MVP  Minimal  Viable  Product  Lean  Start-Up  timing  Internet  Privacy  Privacy 
august 2015 by asterisk2a
#TOA15 Interview with Amit Karp, Ciaran O’Leary, Felix Petersen and Robin Wauters - YouTube
Very connected, fluid, enabled by infrastructure & networking. &! youtu.be/JvQaHXGgeYQ // &! youtu.be/7s6C4OJ04Rc - #TOA15 Interview with Christoph Keese (Axel Springer) - Germany good at incrementalism. A to B. Industry not willing to disrupt itself, give away existing shrinking pie - for bigger pie. unwilling to break up and upwards (value add) existing products/processes/value chain (legacy) for better. << Axel Springer digital ventures (VC arm). &! #TOA15: ¨Are the Germans Unable to Disrupt?¨ with Christoph Keese (Axel Springer SE) - youtu.be/YyuJmAtZQis --- its about value creation, value add, redesigning of value, chains, product, data, ... big corps can't disrupt itself. especially not by committee. Legacy companies unlikely to survive because of pattern to stick to the conventional and fail, than fail with unconventional and look like a fool. (risk aversion, Failure in the public eye) -- book -- "Silicon Valley: Was aus dem mächtigsten Tal der Welt auf uns zukommt"
Berlin  Start-Up  Scene  ecosystem  Venture  Capital  Europe  Start-Up  Scene  London  Scene  Germany  Mittelstand  SME  SMB  incrementalism  incremental  disruption  creative  destruction  Blue  Ocean  innovator  innovation  competitive  competition  competitiveness  competitive  advantage  BMW  FinTech  autonomous  car  self-driving  cars  Exportweltmeister  Audi  Manufacturing  Industrial  Revolution  2.0  policy  STEM  Software  Is  Eating  The  World  Robotics  automation  Platform  Marketplace  Big  Data  book  added  value  value  creation  banking  Core  Product  Proposition  Proposition  intangible  value  cost  of  ownership  Industry  Tesla  Motors  Apple  Google  Inc.  Alphabet  Inc.  Silicon  Valley  Start-Up  advice  Start-Up  lesson  outsider  economic  history  Wall  Street  short-term  view  short-term  thinking  shareholder  value  profit  maximisation  commodity  business  commoditization  Failure  culture  stigma  3D  printing  Siemens  SAP  automotive 
august 2015 by asterisk2a
The Math Behind SaaS Startup Valuation | TechCrunch
One of the most critical metrics for software companies — but also one of the most difficult to measure — is the lifetime value of their customers (LTV). The lifetime value dictates how a company should spend its marketing and sales dollars. Unfortunately, many early stage startups struggle to measure LTV, because they haven’t been around very long and, consequently, haven’t seen a large number of customers through their lifespans with the product. // &! http://techcrunch.com/2015/08/29/the-saas-success-database/
SAAS  CAC  LTCV  business  model  subscription  model  customer  acquisition  user  acquisition  user  churn  customer  retention  metrics  KPI  Start-Up  lesson  Start-Up  advice  accounting  freemium  business  education  MBA  accelerated  learning 
august 2015 by asterisk2a
Squarespace and the love of optimizing constraints - Small Empires - YouTube
- hire so other people can solve problems, you don't have to do everything! when you wait too long, you get into a need, into a pressure situation you've created by waiting to hire people to help solve problems, do xyz. and bc of that you may compromise and hire because it would be great right now if that person would do it anyway, even if you have doubts about fit, character, values, ...
Single  Founder  Founders  Co-Founder  co-founders  Start-Up  lesson  scale  scaling  HR  hiring  human  resources  recruiting  recruitment 
august 2015 by asterisk2a
Hey, Advertisers. It's Serena Time! - Bloomberg View
In sports marketing, no one ever got fired for hiring a cute blond female athlete. It is the default choice. This can be, let’s just say it, racist. It’s definitely lookist. But it’s mainly conservative. In advertising, in television, in movies, the tendency is to look backward. Hiring only people who fit past models of success may often not work, but it comes with fewer consequences when it fails than trying something new does. To get all Keynesian about it, “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.” [ risking looking like a fool ... vs playing it safe. incrementalism a to b - vs - dreamer/imagination ---- Logic will get you from a to b. Imagination will take you anywhere. Albert Einstein. ---- first break all the rules (book) ---- thus take into account ppls background where they came from/come from. are they trying to play it safe? with their advise? ]
Start-Up  lesson  Start-Up  advice  of  You  risk  risk  taking  Gary  Vaynerchuk  career  ladder  career  advice  life  hacker  life  lesson  self-awareness  self-actualization  entrepreneurship  creative  destruction  disruption  innovator  innovation  Rebel  counter  culture  antithesis  Blue  Ocean 
august 2015 by asterisk2a
Alternatives Management: Vertrauen als Ressource für Unternehmen - SPIEGEL ONLINE
Oft werben diejenigen am meisten darum, die unter Vertrauensverlust leiden. Denn tatsachlich sinkt das Vertrauen in die Wirtschaft und das Misstrauen steigt. Das ist das Ergebnis nahezu aller Studien zum Thema Verbrauchervertrauen // &! bit.ly/1Vd5jYF - Twitter just made it more difficult to hold politicians accountable // Same with the Conservative Party deleting all their speeches and documents after they won majority in election and partnered up with libdems - bit.ly/1c7hHG6 &! bit.ly/1Epl5va // Auch Geld funktioniert nur dank Vertrauen [...] Der Systemtheoretiker Niklas Luhmann beschrieb Vertrauen daher auch als "Mechanismus zur Reduktion sozialer Komplexität". Ständiges Misstrauen dagegen mache unser Zusammenleben deutlich schwieriger, sagt Martin Schweer. [...] Schnell zeigte sich: Hatte der eine das Geschäft fair und zum gegenseitigen Vorteil abgewickelt, erhöhte der andere in der nächsten Runde seinen Einsatz. // &! bit.ly/1ILzkZU - Does honesty matter ...
bank  bailout  GFC  Career  Politicians  Congress  No  Representation  social  contract  transparency  accountability  crony  capitalism  capitalism  post-capitalism  Buffer  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  banking  crisis  trust  distrust  trustagent  Start-Up  advice  Start-Up  lesson  Conservative  Party  DWP  David  Cameron  George  Osborne  spin  doctor  PR  public  relations  neoliberalism  neoliberal  algorithm  Page  Rank  monopoly  monopsony  oligopoly  oligopol  Iain  Duncan  Smith  Open  Data  Open  Source  NSA  GCHQ  Secret  Courts  Surveillance-Industrial  Complex  surveillance  state  Orwellian  military–industrial  Pentagon  WMD  False  Flag  FISA  Court  FISAAA  public  record  public  interest  Misstrauen  Lügenpresse  Freedom  of  Information  Act  BND  Angela  Merkel  GroKo  Eurogroup  election  campaign  promises  Internet  Archive.org  Google  Cache  political  theory  governance  corporate  governance  fiat  currency  inequality  Gini  coefficient  fairness  Generationengerechtigkeit  Gerechtigkeit  Justice  System  Jim  Crow  voter  turnout  apathy  indifference  TOS  EULA  win-win  partnerships  cooperation  Google  Data  of  of  public  of  public 
august 2015 by asterisk2a
Survivors | Bothsides of the Table
Failure. To most people it smells. People are afraid of it. It’s like cancer or divorce. When you have it you find you who your true friends are because they’re the ones who double down on helping, on being available, on listening, on understanding. Most people run from failure or disease because they’re hard to handle. Hard to know how to deal with. Awkward. But I am attracted to those who have had severe set-backs in life because it tells you something about the mettle of the person with whom you’re dealing. It reminds me of a famous quote in one of my favorite novel’s “Damage” by Josephine Hart “Damaged people are dangerous. They know they can survive.” [...] closed up shop at the very first hurdle. I wouldn’t work with him again. [...] Honor is what I’m looking for. How you failed is significantly more important than if you failed. [play the long-game = relationships, trust, network [ character, live life 4 ur eulogy, not CV, not bank account - nyr.kr/1J5Y13X & bit.ly/1KrTfPT ]
Failure  entrepreneurship  Hustle  culture  Berlin  Start-Up  Scene  life  hacker  life  lesson  philosophy  adversity  pattern  matching  pattern  recognition  bias  confirmation  bias  Venture  Capital  selection  bias  perseverance  of  You  career  advice  career  ladder  courage  character  book  Start-Up  advice  Start-Up  lesson  entrepreneur  long-term  Networking  Gary  Vaynerchuk  ecosystem  community 
august 2015 by asterisk2a
What to Make of Amazon's Work Practices? | Bothsides of the Table
It’s best encapsulated in a famous Jeff Bezos quote, “You can work long, hard or smart, but at Amazon.com you can’t choose two out of three,” [...] Try working at Goldman Sachs, [...] You think it’s different at any of the top consulting firms? [...] You see organizations like these thrive on large pools of some of the country’s best and brightest graduates that trade off 2-5 years of work experience under extreme pressure in exchange for skills, experiences & relationships that will last a lifetime. [Accelerated Learning] [...] Think its a cake walk working @ any of the countries top law firms? [...] Should we do an article on what it’s like to be a medical resident? How abt working in the US military? Chief of Staff for a major political figure? What abt a top athlete in the NFL or NBA or even part of the coaching staff. Think they dont have work/life balance challenges in a field theyve chosen to work in? [#Top 100 of X vs avg white- or blue-collar worker ] [what u optimize for?]
Silicon  Valley  Amazon  Jeff  Bezos  HR  human  resources  hiring  recruiting  recruitment  people  management  team  management  corporate  culture  corporate  values  Start-up  Start-up  of  You  career  advice  career  ladder  accelerated  learning  White-collar  Worker  average  Failure  Blue-collar  Worker  Workers  Union  benefits  perks  Google  Microsoft  beyond  workplace  drama  workplace  work  environment  environment  SME  SMB  Germany  culture  work  life  balance  well  being  chronic  stress  happiness  index  elite  athlete  elite  sports  war  for  talent  ID  Tour  of  Duty  Reed  Hastings  Netflix  Reid  Hoffman  linkedin  Intel  Apple  life  lesson  life  hacker  Gary  Vaynerchuk  Hustle  advice  lesson  4-day  work  week  TeamTreehouse  Ryan  Carson  Facebook  Twitter  Dick  Costolo  productivity  focused  Focus  execution  entrepreneurship  Founders  Success  competitive  competition  competitiveness  knowledge 
august 2015 by asterisk2a
Gurley on Global Selloff: Bloomberg West (Full Show 8/21) - YouTube
'averting catastrophic events' - hard things about hard things - book // when taking on growth round to grow aggressively company (buying customer growth)... you might actually take on risk. especially when the sentiment and the market turns and you burned it all and weren't so good at allocating the money and 'growing' you have to maybe raise a flat/downround ... ooopsies. Or even have to accept a debt round and massive lay-off to get to cash flow even/positive. And run a tight ship with the user base/business you've got. // re: post-price correction after speculative China bubble burst and massive China weakness and still existing/persistent deflationary pressures in western world. // &! bit.ly/1NTc3GM - Public markets affect venture funding. Full stop.
growth  round  IPO  Bill  Gurley  Venture  Capital  Private  Market  Unicorn  Decacorn  Mutual  Fund  Private  Equity  Hedge  Fund  2015  speculative  bubbles  speculative  speculation  hunt  for  yield  burn  rate  runway  sentiment  business  confidence  consumer  confidence  China  recovery  bubble  reflate  reflation  book  Ben  Horowitz  Marc  Andreessen  business  model  cash  flow  cash-is-king  Start-Up  lesson  financial  model  Start-Up  advice  valuation  Mark  Suster  Wall  Street 
august 2015 by asterisk2a
Tech Stocks Rebound: Bloomberg West (Full Show 8/25) - YouTube
15:53 - you can build sw companies everywhere else. cost of living out of control as well dampens quality of life and standard of living. // lower burn rate, more time, more runway to find traction (product market fit) beyond MVP,
London  Start-up  Scene  San  Francisco  Palo  Alto  Bay  Area  Mountain  View  Oakland  Seattle  Portland  New  York  Scene  Los  Angeles  Scene  cost  of  living  cost  of  entry  cost  of  ownership  standard  of  living  living  standard  living  environment  noise  pollution  air  pollution  city  living  quality  of  life  urbanisation  urban  planning  California  public  transportation  commuting  well  being  chronic  stress  Oxidative  stress  stress  happiness  index  affordable  housing  social  housing  speculative  bubbles  speculative  speculation  Redwood  San  Jose  bootstraped  bootstrapping  bootstrapped  burn  rate  runway  Venture  Capital  growth  round  war  for  talent  lesson  advice 
august 2015 by asterisk2a
Pando: A good problem to have: Andy Dunn and Phil Libin talk about the difficult decision to fire themselves
At the beginning of your company when you are always a couple of months away from going out of business and every crisis is an existential crisis, because all you’re trying to do is optimize for staying alive. That is the happiest and simplest time in your company… everything else is in the good problem to have category, which is like “Good news, you’re kind of successful that’s why you’re having it. Bad news is it’s more stressful than anything else before.” &! As a founder your instinct is to put something new in the world... you start a company because you are irreverent. You start a company because you want to create something out of nowhere, and the paradox is that if you are successful with that, and then a job evolves from an act of creativity and irreverence. Focus and execution and scaling become equally important as [creativity and irreverence]. You have to ask yourself am I a fit for what the job requires?
Start-Up  lesson  Start-Up  advice  MVP  Product/Market  Fit  Minimal  Viable  Product  scaling  Problem  Solving  accelerated  learning  Failure 
august 2015 by asterisk2a
How Segment Models Growth for Two-Sided Marketplaces
a marketplace is the hardest thing to pull off, especially consumer.
Marketplace  Start-Up  advice  distribution  model  discovery  Start-Up  lesson  consumer  product  C2C  B2C  B2B 
august 2015 by asterisk2a
Guidance For Startup CEOs In The Hot Seat by O'Reilly Radar | Free Listening on SoundCloud
Dan Shapiro, author of "Hot Seat: The Startup CEO Guidebook," discusses the importance of startup co-founders and why startups are hotbeds for imposter syndrome (and why that's OK).
book  Start-Up  advice  Start-Up  lesson  of  You 
august 2015 by asterisk2a
Why Billion-Dollar Valuations Don’t Matter | TechCrunch
I recently heard a story about one VC pushing a company to drive their burn up from $1 million a month to $2.5 million. Unfortunately, an inefficient sales force will always come back to bite you in the butt. We typically think of 60 percent as the benchmark for a healthy performing sales organization. Anything less and you don’t have a repeatable model. [ avc did write about that you need to find product/market fit, traction, self starter, great net promoting score, without spending marketing/advertising/pr ] [...] The goal of every entrepreneur and VC for that matter should be to build sustainable and scalable businesses. The only way to do that is to focus on the metrics that truly matter. The companies that nail many, if not all, of the above criteria will be the ones that make it to the finish line, and the balance will be wandering through the forest looking for someone to feed them.
Unicorn  SAAS  Slack  DropBox  Box  Venture  Capital  Silicon  Valley  growth  round  2015  KPI  metrics  accounting  user  churn  customer  retention  upselling  customer  acquisition  CAC  Decacorn  on-demand  convenience  Marketplace  business  model  user  acquisition  Product/Market  Fit  Share  Economy  middleman  scale  economies  of  scale  FOMO  hunt  for  yield  Start-Up  advice  Start-Up  lesson  burn  rate  runway  Homejoy  Net  Promoter  Score  consumer  product  business  product  B2C  B2B 
august 2015 by asterisk2a
'They Will Want To Bleed Him To Death': Owen Jones on Corbyn, Labour and the Future of the Left - YouTube
Jeremy Corbyn MP's response to the Tories 2015 Budget - youtu.be/ZxhQy6oDacg // &! The Corbyn Factor: Blair and Blairites panic, Labour in state of confusion - youtu.be/v__jsfY2fb8 // &! Laurie Penny on Jeremy Corbyn - can he take Labour forward? - youtu.be/LGL3wK27tmE // &! Owen Jones - London Rally: Jeremy Corbyn For Labour Leader 3.8.2015 - youtu.be/mFtC4td3NMc & youtu.be/8r78NcgvWEk // &! youtu.be/N7RAqAY_4c8 (1) low wages don't fund the gov budget - where is Tories industrial global competitive policy? They've slashed Research Funding! STEM, industrial and manufacturing policy, vocational and professional education, social mobility, knowledge and creative industry, digital economy (London's high cost do no help Start-ups!), Tories pro business policy is for the big and existing players, not for the future. // &! Jeremy Corbyn: ‘Labour cannot go on being Tory-lite’ - youtu.be/r6DX-wM5hR4 &! youtu.be/m1IUYlVR59k &! youtu.be/PPZKKHQ_-Gk &! youtu.be/vKv48n4MzII
Labour  Party  Jeremy  Corbyn  Owen  Jones  austerity  2015  general  election  2015  election  campaign  promises  Ed  Miliband  political  theory  social  contract  Tony  Blair  authenticity  authentic  Career  Politicians  No  Representation  London  Start-up  Scene  digital  economy  job  creation  STEM  Manufacturing  industrial  policy  Conservative  Party  Tories  Toff  Establishment  Privileged  infrastructure  investment  underinvestment  productive  investment  UK  economic  history  IMF  OECD  competitive  competitiveness  social  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  gender  inequality  job  market  job  security  market  participation  rate  productivity  output  gap  recovery  budget2015  fiscal  policy  fiscal  stimulus  monetary  policy  reflate  reflation  social  justice  social  cohesion  social  tension  social  change  Generationengerechtigkeit  fairness  social  housing  affordable  housing  education  policy  vocational  education  professional  education  tax  evasion  tax  avoidance  corporate  tax  rate  subsidies  lobbyist  lobby  Lobbying  subsidizing  crony  capitalism  capitalism  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  Super  Rich  1% 
august 2015 by asterisk2a
How To Get 1 Million Subscribers - YouTube
meritocracy, democratic, egalitarian. anyone who has interest, can find it. u will have an audience, even it is just 1. either they like it, share it & come back. or they leave u alone. // Beme, remove the aspect of creation. the friction. the cognitive cost. the overhead. a process to follow. a tutorial or how to listicle to read. to Google or to ask. >> Product developers & investors should think about the cognitive cost of their products. The cognitive cost very often can be much higher than the financial cost. Products with a low cognitive cost are those where the technology fades away and dont require a consumers ongoing attention. bit.ly/1Nz0veO // "Don't make me think." << book, UI UX mantra. // Photo-filter-app vs photo-editing-app vs video-editing-ai-augmented-intelligence-app that have popped up. podcasting. EDM // what has lots of overhead & sometimes really disappointing user experience? Skype, Windows, FriendFeed, Twitter?(niche compared 2 FB). Q&A youtu.be/6xVdM0QJq6Y
Casey  Neistat  freedom  of  expression  expression  creative  destruction  Beme  Vlogging  vlog  YouTube  Vine  Instagram  Periscope  Twitch  justin.tv  Qik  writing  Video  mainstream  filter  bubble  editor  Reddit  4chan  storytelling  Music  Industry  Indie  Music  Hollywood  content  discovery  content  distribution  distribution  model  TV  Reality  TV  scripted-reality  television  painting  digital  economy  digital  content  marginal  cost  economics  of  abundance  critics  Artist  graphic  artists  digital  cognitive  cost  friction  frictionless  Product/Market  Fit  MVP  Start-Up  lesson  Start-Up  advice  consumer  product  UI  UX  user  engagement  user  generated  content  user  experience  user  churn  hook  customer  empowerment  customer  experience  customer  retention  customer  acquisition  Podcast  podcasting  Platform  content  creator  The  Wars  Snapchat  SMS  WhatsApp 
august 2015 by asterisk2a
'Affordable' shared ownership flat in Hackney on the market for £1m | Money | The Guardian
>> Edinburgh is expensive too. Then comes Glasgow as option. But Manchester better because of start-ups already there and MediaCity UK-BBC and Northern Powerhouse initiatives.
London  Start-up  Scene  London  affordable  housing  cost  of  living  cost  of  entry  cost  of  ownership  barriers  to  entry  advice  lesson  UK  burn  rate  runway  Berlin  Scene 
august 2015 by asterisk2a
Timothy Caulfield: Cult of Celebrity - YouTube
Timothy Caulfield: Are Celebrities Bad for Your Health? - youtu.be/2dJRhxypCak (Part 1), Author of "Is Gwyneth Paltrow Wrong About Everything? When Celebrity Culture and Science Clash" // value of celebrity has increased. vs scientists/white-worker. easiest (illusion) of social mobility/income mobility & illusion of it being a job, that there is a market, demand. social media helps people project themselves! u can become famous. Famous 4 almost doing nothing! << seems easily attainable. trophy kids (just showing up) aka millennials. &! Scams emerge taking peoples money, exploiting their desperation! Lowest social mobility/gini coefficient = USA&UK = highest interest in celebrity! Other OECD countries like Scandinavian countries is remarkably lower! // vs. Talent Code. Its work. Putting in the hours. And not binge watching House of Cards. << Gary Vaynerchuk. Eat the dirt. Fill white spaces. Hustle. Self-awareness (strength-weaknesses). & Exploit ur luck. No Plan-B.
status  symbol  status  anxiety  social  status  socioeconomic  status  celeb  celebrity  celebrity  culture  of  You  Media  materialism  faux  fake  Selbstdarstellung  Selbstfürsorge  gossip  culture  gossip  Tabloid  western  society  social  society  sociology  Television  reality  scripted-reality  Psychology  Famous  dehumanisation  human  progress  Kim  Kardashian  humanity  Personal  Brand  Millennials  American  Dream  social  mobility  income  mobility  Gini  coefficient  aspirational  aspirational  product  Fashion  Industry  beauty  standard  beauty  beauty  sickness  Selfie  exploitation  book  Gary  Vaynerchuk  Success  Middle  Class  White-collar  Worker  Blue-collar  Worker  inequality  income  inequality  talent  Start-up  of  You  Hollywood  Music  Industry  Entertainment  Industry  Seth  Godin  generationy  education  policy  gender  inequality  social  comparison  social  study 
august 2015 by asterisk2a
An Analysis Of Zirtual’s Reality And The Perils Of Debt | TechCrunch
[ SEC filings show it wanted to raise lots more money ] Think about the implications of this for a moment: we know the company wanted $2.75 million in June, and got most of it. But we also know that 35 days later, Zirtual had been looking for another $3 million, and only got $650,000. That is a meaningful shortfall, an 80% difference between the money they needed and the money they got. [...] In fact, you might have concluded they were in for some kind of serious financing and operational problem weeks in advance [ talked also in Jason's interview that they still have legacy customers who cost them too much but are sort of still keep on: book 'hard things about hard things'], when you connect the fairly clear dots between two attempts to raise capital within a month of each other, and which are increasingly unsuccessful. [...] We’re not talking about an equity financing here, we’re talking about debt. [...] debt is a harsh mistress, especially for a startup tech company.
Zirtual  burn  rate  runway  Venture  Capital  fundraising  operations  operation  convertible  note  debt  cash  flow  cash-is-king  Start-Up  lesson  Start-Up  advice  CEO  CFO  financial  literacy  accounting  accountability  execution 
august 2015 by asterisk2a
Amazon's Culture: Toxic or Just Tough? by The Jay & Farhad Show
Hello! This week, Farhad Manjoo (New York Times) and Jay Yarow (Business Insider) are joined by special guest Jodi Kantor (New York Times) to discuss her polarizing article about Amazon's culture. // // how technology functions in the workplace - efficiency, quantified self << the feedback tool you can always use, what ever your state of emotion, gripe, stick, bias, prejudice, ... feudal Darwinism creeps into knowledge worker, white-collar and blue-collar workers, MBA's and PhD's. [...] contributes to gender inequality (women with the back on their wall, leave or get started and forget about family & kids, life.) [...] brutal years are NOT Tour of Duty - Reid Hoffman The Alliance. // PS: Reed Hastings (Netflix) Culture document transpires that it is expected to contribute, even if it doesn't spell it out. Netflix also had to fight and overcome as much as Amazon! Proves again that internal & external environment a company finds itself affects its values & culture inevitable [Thesis].
Amazon  corporate  culture  corporate  values  HR  human  resources  ethical  machine  Silicon  Valley  quantified  self  marketplace  efficiencies  workplace  beyond  workplace  drama  work  environment  chronic  stress  Office  Politics  worklife  well  being  happiness  index  crony  capitalism  capitalism  profit  maximisation  shareholder  value  work  life  balance  performance  review  Jeff  Bezos  people  management  team  management  gender  inequality  book  Netflix  Reid  Hoffman  Reed  Hastings  linkedin  The  Alliance  Start-up  of  You  competitive  competition  competitiveness  Alibaba  Google  Facebook  China  Japan  culture  society  peer  pressure  sustainability  sustainable  lesson  advice  war  for  talent  benefits  perks  4-day  work  week  glass  ceiling  glass  cliff  diversity  human  capital  workforce  hiring  recruiting  recruitment  personal  values  Leadership  CEO  business  management  management 
august 2015 by asterisk2a
Jeff Weiner on Twitter: "As companies grow larger, important to recognize differences between acting like a start-up & scaling intelligently. Not mutually exclusive"
As companies grow larger, important to recognize differences between acting like a start-up & scaling intelligently. Not mutually exclusive
Start-Up  advice  Start-Up  lesson 
august 2015 by asterisk2a
Reinvention As A Life Skill — BIF Speak — Medium
via bit.ly/1PszoiZ - Reinvention is a life skill, it's a life long journey we’re all embarked on whether we like it or not.
Start-up  of  You  life  hacker  life  lesson  Mobile  Creatives  Mobile  Creative  destruction  career  ladder  career  advice  Future  of  Work  philosophy  self-awareness  discovery  Alain  de  Botton  Psychology 
august 2015 by asterisk2a
Growth vs Retention – AVC
"Retention was clearly bad, and that’s what killed us" [...] [...] This all comes back to stepping on the gas before finding product market fit. You might think you have product market fit and so you scale up your hiring, your marketing, your sales, and your capital raising and spending. But if you can’t retain a healthy percentage of your users past ninety days, you don’t have product market fit yet and all the investment you make in your business is just money down the drain. So focus first on your 90 day retention numbers and make sure to nail them and prove you have product market fit. Then scale. // find natural/organic marketing - advertising - instead of building a non-product related cost center like sales, marketing, and advertising. short-cuts like these don't fix the product per se.
user  churn  customer  acquisition  Product/Market  Fit  MVP  user  acquisition  business  strategy  product  strategy  strategy  Start-Up  lesson  Start-Up  advice  burn  rate  runway  Homejoy  distribution  model  discovery  content  distribution  content  discovery  Net  Promoter  Score  word  of  mouth  Tribe  1000  True  Fans  UI  UX  user  experience  user  engagement  customer  experience  customer  retention  customer  service  SAAS  marketing  growth  round  cost  center  short-term  view  short-term  thinking  feedback 
august 2015 by asterisk2a
The investors who will invest ask you why they shouldn’t. – AVC
I could tell within 5 minutes of meeting an investor whether they would invest. Investors who invested were excited about eShares before we met. They either saw the vision and liked it. [...] Excited investors (and the ones who invested) were different. They didn’t let me pitch. Instead, they asked questions to assess risk. They tried to find reasons not to invest. That is the pitch-paradox. The investors who won’tinvest will ask you why they should . The investors who will invest ask you why they shouldn’t. [ check you if you know your business/product/vertical/category inside out and intellectual honesty ] Your job is to make sure you don’t have reasons that they shouldn’t. Fundraising is simple: find investors that get excited about your company. It is a filtering exercise. Too many founders believe they have the wrong pitch instead of realizing they have the wrong audience. // [ from comments: The good VCs know what they want to invest in, and when they see you, they know it ... ]
Venture  Capital  Angel  Investor  Seed  Round  Party  Round  Pitch  deck  pitching  Risk  Start-Up  lesson  Start-Up  advice 
august 2015 by asterisk2a
How World of Warcraft Could Save Your Business and The Economy - YouTube
https://twitter.com/jhagel/status/634747935356551168 - Hagel is/was Deloitt CEO? // working in a self-organising group, << big corporation. multi-product company. // Start-up of You - invent your own dashboard for you. OKR & continual learning, exploration, execution, challenging yourself. getting up again after failure and learning/analysing it and trying again. &! passion, curiosity, interest driven. // https://twitter.com/jhagel/status/634747935356551168
MBA  hiring  human  resources  HR  EQ  IQ  softskills  practical  skills  skill-biased  technological  change  Problem  Solving  practical  skill  set  Start-Up  advice  of  You  Start-Up  lesson  TQ  corporate  values  corporate  culture  meritocracy  meritocratic  Office  Politics  OKR  Failure  continual  education  education  policy 
august 2015 by asterisk2a
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