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Venture Hacks - Good advice for startups.

Venture Hacks - Good advice for startups.
Nivi · February 11th, 2013 AngelList “corporate policy” is that team members should ask forgiveness, not permission. We would rather have someone do something wrong than ask permission to do it. Or better, we would rather have someone do something right and not need permission to do it. This is the most common outcome. We would rather have people ship to production whenever they want, than go through an internal review process.

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What To Look For In A Company Board At any company level, the board of directors has a direct impact on the organization’s product strategy, hiring, fundraising and much more. And startups have to be very selective in choosing board members who will advise the company in the right direction. In the big company realm, both the media and the company’s shareholders have questioned Yahoo’s board, which continues to employ a floundering Carol Bartz as CEO and supports a bizarre product and business strategy. Then you look at Facebook, where founder Mark Zuckerberg has strategically assembled an all-star board to help the company grow as a public company and expand into new directions. Most recently, Facebook added Netflix co-founder and CEO Reed Hastings to its board, joining Marc Andreessen, Jim Breyer, Donald E. Graham, Peter Thiel and Zuck himself.

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Soloformania! Practice Management Forms Checklists for Starting a New Office Client Intake Client Keeper Software 5 reasons why the UNTHINK Experiment is over – and 6 pieces of advice for new start-ups « interacter When I received an invitation to join the latest social network as it took its fledgling steps, I promised that I’d give it a month to see how it worked out. Fast forward six weeks – not only have I discontinued use but I’ve deleted my account as well. Here are the five reasons why – and some advice for future social media start-ups.Reason One: The technology wasn’t ready.

What’s The Real Deal With AngelList? Editor’s Note: This is a guest post by Mark Suster (@msuster), a 2x entrepreneur, now VC at GRP Partners. Read more about Suster at Bothsidesofthetable There’s lots of discussion out there about a new and much-loved service called AngelList that connects entrepreneurs to angel investors. Waiting for the Accelerator Bubble to Pop Since Paul Graham launched Y Combinator in 2005, the field of startup incubators and accelerators has exploded in the U.S. and overseas, with new entries emerging in all manner of oddball shapes and sizes, from a 80,000-square-foot space in San Jose, Calif., dedicated to tech companies hoping to do business in China, to a program that offers entrepreneurs cash to develop their business in Chile. There are accelerators for green tech, health tech, ed tech, the cloud, and every other tech flavor du jour, and accelerators everywhere from Baton Rouge to Durham, N.H., as cities across the country lay claim to the title of the Silicon Valley of [insert industry here]. There’s Unreasonable at Sea, a 100-day program on an ocean liner, which encourages entrepreneurs to “combat the greatest challenges of our time” while sailing among ports in 13 countries. The result is that venture capitalists have begun to predict that accelerators are going to fail. There are already signs of paring back.

Model Legal Documents What Are The NVCA Model Venture Capital Financing Documents? A "template" set of model legal documents for venture capital investments put together by a group of leading venture capital attorneys. The model venture capital financing documents consist of: In general, these documents are intended to reflect current practices and customs, and we have attempted to note where the West Coast and East Coast differ in a number of their practices. Startups Wiki: Ask YC Archive This pages is an archive of quality Hacker News "Ask YC" posts grouped by subject. "Quality" means posts that are a) generally relevant to startups and b) contain a decent amount of useful discussion/advice. All posts on this page have been looked at manually. Within groups (and sub-groups) stories are sorted in descending date order because newer stories are more timely (in addition to often having more comments).

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