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Are Business Plans Still Necessary?

Both Sides of the Table

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 portfolios.

Web 2.0 334
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Top 29 Startup Posts May 2010

SoCal CTO

Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 A great developer I once worked with was kvetching at lunch one day. Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. They’re deep into Customer Development ,” he said.

Startup 248
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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

It’s why I love the idea of the FailCon conference and hope to speak there one day. 4:30 How did you come up with the idea of customer development? 37:45 Let’s talk about the dichotomy between customer development and Y Combinator? Maybe the first step is talking openly about it.

Startup 350
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Top 40 Startup Posts for August 2010

SoCal CTO

How To Pitch A Product - A VC : Venture Capital and Technology , August 4, 2010 I've said a bunch of times on this blog that the perfect pitch is a very short intro to provide context followed immediately by a demo. More tiers = more complication = more confusion. Say you want some code that does X. Want to be Mercenary? Final Thought.

Startup 191
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Top 57 Online Startups Meets Technology Meets Product Posts for November 2010

SoCal CTO

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ? We had several emails back and forth where he provided basic details on the concept. This should not deter you.

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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He presented the idea at the TED conference in the mid 90′s and was literally boo’d while he was on stage. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. But also when you’re developing so is your competitor.

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Why The ‘Fail Fast’ Mantra Needs to Fail

Both Sides of the Table

Yesterday I wrote a post about how much capital your startup should raise. In general when capital is available take it (provided it’s on the right conditions and from the best people from whom you can raise). I’ve heard the insufferable speeches at conferences. It’s also bad to raise too much, too early.

Startup 308