Top 130 Fintech startups. 14 Marketplace Mistakes That Are Killing Your Startup. One week ago, I hosted my fifth Marketplace Dinner.
This particular one took place at the DogVacay headquarters in Santa Monica. Marketplace Dinners are series of happy hour-esque meetups that bring together founders and leaders at startup companies growing, you guessed it, marketplaces. So far, we’ve gathered over 250 founders and leaders (averaging about 50 founders per event), including entrepreneurs and executors from Airbnb, Odesk, eBay, Lyft, Uber, Thumbtack, and many more. Each event is three hours of eating, drinking, and telling tales of what it took to build a marketplace.
The False Market Fit. The False Market Fit I was recently rereading Marc Andreessen’s well-known essay on Product Market Fit, and it struck me that nearly 7 years later, I still hear about companies that seem to be ignoring (or are ignorant of) the advice he shared.
His entire post is worth reading (go read it), but the key part is that many startups fail because they never reach product-market fit. Instead, they put the priority of their attention not on the market, but on the team or the product. In doing this, they fail to recognize something of critical importance: because the startup must exist in the Market and will be defined by it, it must focus on the Market and not exclusively on the internal machinations of the Product and Team. Now, looking at many startups that get attention, you’d think that they have at least a somewhat decent understanding of The Market. The Chaos Theory Of Startups. "Since we don't know where we're going, we have to stick together in case someone gets there" - Ken KeseyI was flying from NY to SF the other day and at one point the gentleman I was sitting next to asked me if I was flying towards or away from home.
I told him NYC was my home and I was on a business trip. He then said, "let me guess, Internet business. " +300 Awesome Free Things for Entrepreneurs and Startups — Entrepreneurship, Startups & Life Hacking. How to Lead. I wanted to share my approach to leadership that I’ve refined over the past few years, especially in the last six months since I joined MeUndies.
It incorporates a lot of best practices shared by leaders I’m inspired by: Brian Chesky, Tristan Walker, Keith Rabois, Ben Horowitz, among others. Triaging: Survey the Scene, Prioritize, and Take Action At first, everything is going to feel like a mess. Too much process and predictability = not innovating/creating fast enough.New problems every day that require triaging to survey the scene, prioritize, and take action.Some things will look serious, but they are actually colds.Don’t allocate time and resources toward solving this because it’s just going to go away.Other things are going to present themselves as colds, but if not diagnosed properly, they can actually become fatal.Prioritize and allocate time and resources toward solving this.
The concept of editing is the best metaphor for leading a company: Simplify and Focus. The Striking Similarities Between Teachers and Start-up CEOs. When, six years ago, I made the switch from high school teacher to start-up founder/CEO I thought I was in for a rather dramatic change.
On the surface, the two vocations could not be more divergent: non-profit v. for-profit; public institution v. free market; chalkboard & textbook v. google analytics & expansion playbook; curriculum building v. consumer product design; and so on. Frequency, Density, Pain, Friction. When we started in the PhD program in Computer Science at Stanford, Prof.
Rajeev Motwani, who was the “default PhD advisor” for all incoming PhD students told us that our only priority should be to find a research topic that we care about. In fact, Prof. Motwani was so adamant that this was the only thing that mattered, that he said that we shouldn’t worry about the myriad of other requirements for the PhD. The SaaS Adventure. Editor’s note: Neeraj Agrawal is a general partner with Battery Ventures in Boston.
“What does it take to build a billion-dollar SaaS enterprise-software company?” I hear this question a lot in my work as a tech investor, and it’s incredibly tough to answer. I bet mountain climbers feel the same way when they’re asked how they conquered a major summit. The answer is both incremental — you succeed by placing one foot in front of the other, of course — and more pragmatic, in that the journey is always broken into multiple, distinct phases. You don’t climb all of Mt. GAFAnomics: New Economy, New Rules. Amazon.com case study. Amazon's business strategy and revenue model: A history and 2014 update collI've used Amazon as a case study in my books for over 10 years now since I think all types of businesses can learn from their digital business strategy.
From startups and small businesses to large international businesses, their focus on the customer, testing market opportunities made available by digital technology and their focus on testing and analysis to improve results. I aim to keep this case study up-to-date for readers of the books and Smart Insights readers who may be interested. In it we look at Amazon's background, revenue model and sources for the latest business results. What I Wish I Knew When I Started My Company. What I Wish I Knew When I Started My Company By Gary Benitt, COO, Desk.com It’s not often that you hit the ball out of the ballpark on your first swing, and all too often, the learning curve for entrepreneurs can be painful and expensive.
I was a core part of the founding team of three companies before my fourth, Assistly, was purchased by Salesforce and relaunched as Desk.com. To say I learned a lot along the way is probably a bit of an understatement. The Illusion of Product/Market Fit for SaaS Companies. “We have product/market fit.”
“We are searching for product/market fit.” “We are raising this financing to find product/market fit.” “Our customer traction demonstrates product/market fit.” Product/market fit. From My Trench to Yours: 5 Tips for Startup Founders. 7 Point Checklist To See If You Have A Fintech Unicorn. This is a “bonus chapterette” from my book Mindshare to Marketshare. This is deliberately simplistic. It is a 7-point checklist.
If you really have all these 7 items, you should aim to raise a lot of money and create a Unicorn. If you don’t, somebody else will. An honest evaluation is critical. Give early stage employees the respect they deserve. I’ve been employee #4, #5 (twice) and employee #6 at startups. I’ve also hired people for these early roles twice as a founder. While the focus is often on startup founders, the first few hires are often make or break in a startups success. That’s why I’ve always been amazed at the lack of attention and care that founders place on how to treat early stage employees. Rather than focusing on bad behavior, I thought I’d focus on how the optimal way for founders to treat early employees who sign up for their vision.
S top 7 business tech trends of 2014. In 2014, smartphones and tablets became a little more boring but a lot more widespread. Wearable computing got a lot more real. Information security got a lot more dangerous. And entrepreneurship became a lot more appealing. «Une bonne start-up c’est…» par Jérémie Berrebi. Qu’est-ce qu’une « bonne start-up »? Que l’on soit investisseur ou porteur de projet, on est forcément amené à se poser la question afin de prendre les bonnes décisions. Jérémie Berrebi, investisseur au sein de Kima Ventures et serial-entrepreneur, livre ses conseils, de l’idée à l’exécution en passant par le financement. The Second-Timers: Nick Mehta, CEO of Gainsight – “Never Stop Hiring Reps” One of the most popular posts we did on SaaStr in the past 12 months was “What The Second Time SaaS CEOs Are All Doing.” What folks who are on their second successful SaaS company are doing better this time.
It is a fascinating topic. Because while product-market fit isn’t any easier the second, third, or 10th time around … everything after product-market fit just gets so much easier once you know how to execute The Playbook. SaaStr is one such playbook. The whole point of SaaStr is so that you do even better than me, that you get to $2m, $10m, $20m, $100m faster. The Founder’s Guide To Selling Your Company.
For most founders, selling a company is a life changing event that they have had no training for. At Y Combinator, one big thing we help our startups with is navigating questions around the acquisition process. Building A Better Version Of Capitalism Is A Massive Startup Opportunity. Why, on a philosophical level, has Facebook been so staggeringly successful? One of the Best Business Opportunities in the Next Decade. The real promise of the Internet of Things isn’t simply linking millions of devices together, just like the real innovation of the web wasn’t networking a bunch of computers.
Instead, the true and still unrealized potential of IoT is to transform business models; it’s enabling companies to sell products in entirely new and better ways that benefit both the company and the customer. Around the turn of the millennium, startups began using the web browser to deliver their products to consumers and companies. Soon afterwards, instead of paying a one-time fixed price to use the software, customers subscribed to access the software. TheTally - comment and analysis from Financial News. Beware the lure of the big banks Posted by The Tally on October 24, 2014.
Theatres of the absurd: how to get startup ideas. I’m sure most of you are familiar with Paul Graham’s well known essay, How to get startup ideas. If not, go read it. The main thesis is: Five ways to build a $100 million business. How the tech elite teach Stanford students to build billion-dollar companies (in 11 quotes) Stanford is offering a class in startups taught by some of the most successful tech founders in the valley. The class was packed on day one, as famed investor Sam Altman revealed some of the secrets he teaches aspiring startups at incubator Y Combinator.
Patience, Grasshopper — Go Build Something…Startups, VC and Life. How to Write a Prospecting Email. Click here to subscribe in iTunes; or, listen to the audio version below: Super successful companies. I spent some time recently thinking about what companies that grow up to be extremely successful do when they are very young. I came up with the following list. 10 Powerful Public Speaking Tips for Introverts- Growing Your Biz.
9 tech trends for 2014, and some European startups riding the waves. Faut-il craindre une nouvelle bulle Internet ? Faut-il cacher son idée de start-up ? : Faut-il cacher son idée de start-up ? There’s a .00006% Chance of Building a Billion Dollar Company: How This Man Did It. Les 5 leçons de Zuckerberg, Jobs, Dorsey et les autres pour entreprendre sur le web. How to Make Successful Projects with “Free” Business Model. How To Filter And Select Startup Ideas. Promote Yourself Excerpt – Chapter 10: Start Your Own Business While on the Job. 5 Reasons To Launch Your Startup In An Existing Market. Path.To. Student Startup Dilemma - Greg Skloot Blog. So You Want to Learn How to Code?
Jumpstarting Your Startup Idea - Let's Make Your Dream Business Come True! Etudiant entrepreneur : ne cherchez plus un emploi, créez-le ! - Stages/jobs. Dans la tête d’un entrepreneur: quand génie rime avec hypomanie. How Not to Lose a Sale - Peter Bregman. "L'absence de reconnaissance au travail démotive les salariés". The Series A Round Is The New Series B Round. 5 Keys to Inspiring Leadership, No Matter Your Style. Speech Preparation: Speech Outline Examples. The Risk Not Taken — I.M.H.O. Taking your Site from One to One Million Users by Kevin Rose.
Networks give you an unfair access to success. New college grads: Don’t sell your time for a living. Some things I've learnt about public speaking. Startup Advice. Innovation is a Mindset: Secrets to Successful Entrepreneurship. How to get your conference talk accepted - The Passionate Programmer. KPCB Internet Trends 2013. My product failed. Are You Really Sure You're Ready to Start a Startup? How to hire good people instead of nice people. 8 Tips for Successful Business Development. Tap Into Y Combinator's Contrarian Thinking.
Manual Scaling. Who Cares If It's Been Tried Before? (9) Dan Lewis's answer to Startup Ideas: What are the best ways to think of ideas for a startup. The #1 Mistake Entrepreneurs Make. Quelles sont les grandes tendances du Web aux Etats-Unis ? : Facebook premier sur l'engagement. Itay Talgam: Diriger comme un grand chef d'orchestre. BJ Fogg's Behavior Model. The greatest obstacle between a startup and a killer brand. The Difference Between A Developer, A Programmer And A Computer Scientist. Simon Sinek: Comment les grands leaders inspirent l'action.
Why hiring B players will kill your startup. Email Subject Lines that Won't be Ignored. Startup Lifecycle, by Fred Destin by Fred Destin on Prezi. How to Get Startup Ideas. How to Measure Cultural Fit - It's Not Affability. Les 30 facteurs clés de succès d'une startup détails - guilhem be... Want to Influence Someone? Find Out If They Have an Internal or External Frame of Reference. Www.khoslaventures.com/wp-content/uploads/2012/02/productmanager.pdf?utm_source=StartupDigest+Reading+List+%28best+articles+on+startup+life%29+%5BStartup+Digest%5D&utm_campaign=70835031d2-StartupDigest_Reading_List_Jan4&utm_medium=email.
Do Great Things. 27 Science Fictions That Became Science Facts In 2012. On the Breadth of the Human Psyche - Shady Acres. Advice on Attracting Good Developers - Samuel Mullen. Programming Your Culture. 6 Ways You're Undermining Your Email Blasts Before You Even Write Them. 100. Startup = Growth. What Can the European Commission Do to Help Startups? CEOs Don’t Come Pre-Made, Authentic Leadership Has To Be Learned.
The Real Value of Facebook Isn't Your Likes or Fans. In the Age of Imagination, small trends have big impacts. Fight against Software Complexity. Are You Making the Most Common Pricing Mistake? Blog/why-bad-recruiters-are-prominent-and-how-to-change-that/