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Interview: Naval Ravikant, Co-Founder AngelList and Co-Maintainer Venture Hacks

InfoChachkie

What follows is a summary which paraphrases Naval’s responses. You can cast a much wider net, the nature of the pitch can be a lot simpler, you can get funded with just an executive summary and a good conversation…without having to put together a business plan or even a deck. For his exact quotes, watch the video.

Startup 273
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.

Startup 418
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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Some summary notes are below. If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Its net income for the 2009 period is $11.66 Net income was around $1.4 million, compared to a $7 million net loss in 2008. I think you’ll enjoy watching.

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8 Startup Lessons You Could Learn from Gotham Gal

Both Sides of the Table

Below is a nice summary of our interview with some great quotes from Joanne. “There are so many places you can go on the Net where you can find your community. In 18 months from $1.5m to $12m in sales. She did this because she had great rapport with buyers. and is worth watching when you have a few moments.

Startup 311
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How I Use Visualization to Drive Creativity

Both Sides of the Table

EXECUTIVE SUMMARY: This is a long post, so I put an executive summary here if you want to get the point without reading all the detail. If you plan to read the post you can skip the summary if you want. I have a high fear of failure that acts as my safety net. Just 12 bullet points & you’re done.

Writing 356
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Why You Should Think Twice Before You Send That Intro Email

Both Sides of the Table

They think they’re doing the startup a favor by casting a wide net to VCs. In Summary. If I get a plan I find interesting from somebody I trust I am always hugely appreciative. And then there is the email blaster / form letter introducer. Remember as a startup – the person who sends the intro to the VC matters a lot.

Email 359
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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world. While the costs of starting a tech company have plummeted it still does take money to hire a team, launch products and market oneself.

Startup 390