Vie de l'entreprise
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How Much Money Should a Startup Have in the Bank? - LAUNCH -
In the startup industry we call this “runway,” and you’ll frequently hear management teams discuss how much runway they have in terms of months. Another name for the capital you have in the bank is “dry powder,” as in dry gunpowder your soldiers can use to kill and maim your enemies -- and win the war. For example, when I started Mahalo.com we were burning around $500K a month.
CEOs get the weight of the whole company on their shoulders. Although everyone speaks of team effort, it is the CEO’s face that is the company’s face, and, more important, it is the CEO’s brain that leads company strategy. For this, they are paid way too much, in many cases reminding global citizens of Roman-era excess, and religious cults of the End of Days. Given these enormous rewards, it is surprising that, while these CEOs are usually first-rate at their jobs (and sometimes stunningly so), the majority are, in my opinion, just ‘OK’, going on ‘good.’ It is not at all unusual to see these leaders making mistakes. Often these are so large, and so avoidable, that it gives pause: how did that happen?
The 10 Things Tech Company CEOs Should Know Right Now - CIO Central - CIO Network - Forbes
A VC: What A CEO Does (continued)
Last week's MBA Mondays post on What A CEO Does was a huge hit. Matt Blumberg , who is one of the finest CEOs I've had the pleasure of working with, wrote a follow-up post on the topic for his blog . I asked him if I could run it as a guest post here on MBA Mondays and he agreed. What Does a CEO Do, Anyway?
Traduction libre du billet Never Hire a “Social Media Expert” , publié par Tim Baker sur son blog , repris par Kinesis Momentum Le “gourou des médias sociaux” est l’une de mes bêtes noires favorites. Le genre de type qui passe sa journée à retweeter des articles de Mashable ou des billets de Chris Brogan et qui est convaincu que ses 40.000 followers font de lui un expert en marketing. Ces gens-là sont dangereux pour plusieurs raisons, la principale étant le tort qu’ils font à la notion même de “social media”.
