Lessons learned? What it’s like to run Google’s $2 billion venture capital fund. When Google’s co-founders, Larry Page and Sergey Brin, decided to set up a venture-capital fund back in 2009, they chose a relatively little-known neuroscience graduate, entrepreneur, and biotechnology investor to run it.
His name is Bill Maris, and over the past five years, he’s become one of the most important and powerful men in Silicon Valley. The Mind of Marc Andreessen. On a bright October morning, Suhail Doshi drove to Silicon Valley in his parents’ Honda Civic, carrying a laptop with a twelve-slide presentation that was surely worth at least fifty million dollars.
Doshi, the twenty-six-year-old C.E.O. of a data-analytics startup called Mixpanel, had come from San Francisco to Sand Hill Road in Menlo Park, where many of the world’s most prestigious venture-capital firms cluster, to pitch Andreessen Horowitz, the road’s newest and most unusual firm. Inside the offices, he stood at the head of a massive beechwood conference table to address the firm’s deal team and its seven general partners—the men who venture the money, take a seat on the board, and fire the entrepreneur if things go wrong. Marc Andreessen, the firm’s co-founder, fixed his gaze on Doshi as he disinfected his germless hands with a sanitizing wipe. Doshi had run the gantlet before.
Getting Started - MakingSociety. Getting Started MakingSociety helps you build your hardware startup.
On this page, I’ve gathered MakingSociety’s key articles to get you started. Hardware Startup Global Strategy From Idea to Product: 10 Steps For Creating a Hardware Company Best Entrepreneur Books to Build a Hardware Company Product Design How to Package a Product 37 Marketplaces to Share, Buy and Sell Designs for 3D Printing 20+ Open Source Furniture Designs How to Find an Industrial Designer Manufacturing – Distribution Compare All Materials Available at Online 3D Printing Services 5 Key CNC Machines in a Fab Lab The Worlwide List of Open Source Hardware Online Stores Funding.
Guide to Business Development and Partnerships. Learn More Section 1: What is Business Development?
When you ask 10 people to define “Business Development”, chances are that you will get 10 different answers. Here are some of my favorite articles that try to answer this question: Section 2: Why Should Companies Invest in Business Development? Thought leaders agree that every company should invest in business development, as it can help the company achieve tactical goals (like accelerate revenue growth) and/or strategic goals (like an acquisition). Section 3: When Should Companies Invest in Business Development? Thought leaders agree that early-stage start-ups should avoid investing in BD until the company has achieved a degree of Product / Market fit. Section 4: How Should Companies Execute a Business Development Plan? Why Profitability Matters. Why Profitability Matters The industry loves to focus on the extremes — the unicorns, the implosions — and we make celebrities out of the biggest winners and losers.
What I'd tell myself about startups if I could go back 5 years. This is, in no particular order, what I'd tell myself about startups if I could go back in time to when I first got involved.
Which is probably the same as what I've learned. This is most definitely not advice, the "you" here is directed at me. Startup best practices by Tomasz Tunguz Tunguz - venture capital. Pearltrees. Six years at SoundCloud, Five Lessons Learned. A few weeks ago I opened Twitter and just started writing.
It was an avalanche of thoughts, insights, and learnings I’ve gathered over six years at SoundCloud, helping a startup become the world’s largest audio and music platform on the web. As a college dropout, lead singer in a hardcore band, A&R-turned tour manager, marketer, and failed founder, joining SoundCloud six years ago is up there in the highlights of my life. Startups: Go fast, but pitch slow. Techstars program mantra is DO MORE FASTER.
No email at AngelList. We use very little email at AngelList. Most of our communication happens on Yammer, HipChat, Tracker and face-to-face. This probably gets us a 90% reduction in email. If you’re running your company via email, you’re missing out on newer, more effective communications technologies. We don't pay you to work here. Clay Christensen’s Milkshake Marketing. When planning new products, companies often start by segmenting their markets and positioning their merchandise accordingly.
This segmentation involves either dividing the market into product categories, such as function or price, or dividing the customer base into target demographics, such as age, gender, education, or income level. Unfortunately, neither way works very well, according to Harvard Business School professor Clayton Christensen, who notes that each year 30,000 new consumer products are launched—and 95 percent of them fail. What Is Strategy? My post on Product>Strategy>Business Model got a lot of comments and other reactions out there on the social web and from that I realized that many confuse strategy and tactics.
And so I thought I would attempt to define strategy in business. I like this definition that I got at wikipedia: Strategic management is a level of managerial activity below setting goals and above tactics. Strategy takes what you want to achieve and develops a plan to get there. From strategy you can develop tactics and implement them. Into the Age of Context. Into the Age of Context I spent most of my early career proclaiming that “This!” Was the “year of mobile”.
The year of mobile was actually 2007 when the iPhone launched and accelerated a revolution around mobile computing. As The Economist recently put it “Just eight years later Apple’s iPhone exemplifies the early 21st century’s defining technology.” It’s not a question of whether Smartphones have become our primary computing interaction device, it’s a question of by how much relative to other interaction mediums.
So let’s agree that we are currently living in the Era of Mobile. What Do You Need to Do to Improve Sales? Here's a Start ... I write about sales often both because it’s the lifeblood of any organization and because in my experience it is the area in which more startups are least experienced or inclined. I also write and talk about it frequently because raising capital is a part of sales and this is important for entrepreneurs to understand. To make it simple and easy to remember – there are three basic rules of sales: 1.
Why Buy Anything?