Facebook’s S-1 Letter From Zuckerberg Urges Understanding Before Investment. Facebook has just filed its S-1 to IPO.
Below is the letter from founder and CEO Mark Zuckerberg about Facebook’s purpose, in which he explains “Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected. We think it’s important that everyone who invests in Facebook understands what this mission means to us.” Regarding business, Zuckerberg says “We think a more open and connected world will help create a stronger economy with more authentic businesses that build better products and services…As people share more, they have access to more opinions from the people they trust about the products and services they use. This makes it easier to discover the best products and improve the quality and efficiency of their lives.” Six Tips On How To Hire The Right Person For Your Startup. Editor’s note: Chris Rickborn is the COO and co-founder of Unrabble, which offers a hiring software solution for small- to medium-sized businesses, especially startups.
You can follow Unrabble on Twitter @unrabble. Tech companies in Silicon Valley and in tech hubs across the United States are at war against each other, to find and hire quality talent that is in short supply. The competition is particularly fierce among startups, which means that it’s ever so important to make the right decisions when hiring your next rock star. Here are six tips to set you on the right course: 1. Deciding when to hire is as important as knowing that you need to hire at all. My advice is to not think about titles, org charts and empty seats. 2.
Once you’ve made the decision that the time is right, make a commitment to invest your time. Like it or not, hiring is a time-consuming process and cutting corners on time will lead to bad hires. 3. 4. Almost Three: A Brief History Of Foursquare Time (And A Look At Its Future) Habits Are The New Viral: Why Startups Must Be Behavior Experts. Editor’s Note: This guest post is written by Nir Eyal, a founder of two startups and an advisor to several Bay Area incubators.
Nir blogs about technology and behavior design at nirandfar.com. Face it; you’re hooked. It’s your uncontrollable urge to check for email notifications on your phone. Mark Zuckerberg’s 6 Ingredients For Success. Editor’s note: Contributor Ashkan Karbasfrooshan is the founder and CEO of WatchMojo.
Follow him @ashkan. Leadership guru Warren Bennis asked whether leaders are born or made. When asked if Wall Street would accept a young Mark Zuckerberg in his early 20s as CEO, Facebook investor Peter Thiel said: “Well, we’ll wait until he’s over 25 to file”. Wise move, considering that Mark’s title on his business cards read “I’m CEO, bitch”. This week Facebook filed its S-1 to go public. Ambition “The tallest blade of grass is the first to be cut by the scythe”, Russian Proverb The foundation and building block of any successful person is Ambition, or the desire for personal achievement. People are driven by success, recognition, respect, money, power or fame. Wearing your ambition on your sleeve will get you cut off at the knees, but ambition is required to succeed; the challenge is channeling it properly and managing your emotions around it. Vision Execution. Stealth Startups, Get Over Yourselves: Nobody Cares About Your Secrets.
When Preetam Mukherjee started Marcellus.tv in March 2007, his company was one of the very few players in the professional online video hosting space.
He believed he was building a killer product that would become a blockbuster and would compete handily with the one established player in the space, Brightcove. To ensure that he wouldn’t tip off any potential competitors, he went into “stealth mode”. Secrecy was the key to success. He would not even tell his close friends what he was building until his product was complete (after all, who can you trust these days?). Then he would send Mike Arrington an email, get a TechCrunch feature and watch fame and fortune beat a path to his door. But as happens to nearly all secretive startups like Marcellus, the blockbuster never materialized, and the attention never came. The Seductive Danger Of Half Measures. Editor’s note: Guest contributor Aaron Harris is a co-founder of Tutorspree, the marketplace for tutoring.
Follow him @harris, or take a lesson from him on Tutorspree. In the wide world of startups, we mostly like to think of ourselves as go-getters, ass kickers, “in all the way” sorts. We also like to think of ourselves as iterators, tinkerers, rapid iterators who test unceasingly. But the combination of those two traits can lead to one of the most dangerous cycles in startup – half measure syndrome (HMS). Interestingly, HMS starts off as something very intelligent – the team does not want to commit to a single strategy until it can prove that that strategy will create the hockey stick.
Les 17 règles d'Andreas pour lancer sa startup. A City Is A Startup: The Rise Of The Mayor-Entrepreneur. Editor’s note: This post is authored by guest contributor Jon Bischke.
Jon is a founder of RG Labs and is an advisor to several startups. You can follow Jon on Twitter here. Opinions Libres, le blog d'Olivier Ezratty. Mark Zuckerberg revient sur la genèse de Facebook.