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Praying to the God of Valuation

Both Sides of the Table

A LOOK BACK I started my career as a programmer. We still loved every moment. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. Between 2006–2008 I sold both companies that I had started and became a VC.

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Startups Spawned By Big Companies Have Extra Hurdles

Startup Professionals Musings

“Intrapreneurs” are entrepreneurs inside big companies, who do corporate spin-offs. A spin-off is merely a startup spawned by a mature parent (company), and conventional logic would dictate that it has a survival advantage over the lowly startup. Foreign companies in the US like to use spin-offs to find expansion opportunities.

Company 125
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Would you pay a high achiever more than yourself?

Berkonomics

The critical question… I asked the CEO to imagine what the company would look like if all those bonus-expensive items were completely achieved in one year. I love to point out that my top several salespeople were making more than anyone else in the company, including their boss. Set time-based goals for each.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. But what IS the right amount of burn for a company? Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left.

Startup 383
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Startup Metrics

TechEmpower

These two questions/answers can help define the early proof points for your company. Dave’s model provides a much richer understanding of what’s happening, but in a way that’s understandable and measurable. If you know of more resources on this topic, or want to talk about anything startup or tech related, we’d love to hear from you.

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In Defense of Uber: An Unbiased Opinion

Both Sides of the Table

But enough people have asked my perspective so I decided to weigh in with my non-conformist view. I love Uber and I don’t believe there has yet been a real scandal. On that front it has revolutionized my life. As a consumer I LOVE Uber. At least that’s where my internal compass lands.

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My Favorite Entrepreneur Story in a Long Time

Both Sides of the Table

This morning I was reading my social media and came across an article that Christine Tsai had posted on Facebook. That’s all my dad ever wanted for us. My own fascination with hot sauces began a few years ago. I absolutely love the stuff. The company name sounded Chinese – Huy Fong Foods.