Startup Professionals Musings
JANUARY 30, 2023
For example, most people believe that Bill Gates started with a simple purchase of a base operating system leading to MS-DOS and Microsoft, but Mars points out that Bill spent thousands of hours in some computer rooms working on software day and night. Chasing and capitalizing on luck brings resilience.
Both Sides of the Table
JULY 23, 2013
I have long advised startup companies that if you don’t control your messaging somebody else will and your potential customers will form impressions of you shaped by somebody else or by nobody at all. It will affect your ability to get the right jobs and promotions as well as your ability to attract talent and capital.
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Startup Professionals Musings
JANUARY 27, 2016
For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. Patent offices can’t keep up with software technology.
Both Sides of the Table
SEPTEMBER 28, 2014
There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). But software companies often take longer to scale top-line revenue than retailers so it takes a while to cover your nut.
socalTECH
OCTOBER 24, 2011
Erik Rannala: MuckerLab is a new startup accelerator, focused on incubation stage Internet, software, services, and media businesses here in LA. You were most recently in venture capital, what drove you to move down here to Los Angeles and start this up? It's a very similar model to YCombinator and TechStars.
Both Sides of the Table
AUGUST 17, 2009
Assuming normal valuations at fund raising rounds you’ll be down to 6-12% after you’ve created a stock-option pool and raised capital. It you have a great software engineer that’s awesome. If not, at least find someone really technical that you trust to help act as an adviser to you.
Tech.Co
NOVEMBER 28, 2017
The aim, according to the private college’s press release, is to provide “mentoring, advising and access to resources for up to 15 student- and community-run companies with a philanthropic twist.” Salt Lake City, Utah’s Westminster College debuted it’s Social Impact Incubator on August 30 of this year.
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