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

Both Sides of the Table

So he founded … wait … CitySearch. Some IdeaLab successes / brand names aside from Overture & CitySearch? I brought up the fact that I find many larger companies abusing the patent system to slow down smaller competitors which is actually anti competitive. Yes, long before Yelp or any similar service.

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How VCs Think About Adding New Partners

Both Sides of the Table

Competitive (Athlete: skier & rowed at Princeton, hates losing at everything she does). Operating experience (Helped run parts of CitySearch & UrbanSpoon, tons of product management experience, Board of Hatch Labs which helped spawn Tinder). Investment experience (5 years a VC at Battery Ventures).

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

leadership, mentorship, competitiveness, communications, relationship-building?—?and She took an operating role helping run Citysearch and Urbanspoon. As with all promotions, the reality is that Kara was already acting as a senior leader at our firm and also in the industry at large. She had all of the skills and traits we sought?—?leadership,

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

In the same year they won Business Insider’s Startup competition. They decided early to only book very high quality vendors so they build a system that could pull in Yelp & CitySearch reviews and they set the standard that it had to be highly rated. I was standing with him when he won the TechCrunch 50 award. Nice sweep!

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving. When you account for competition for talent, the difficulty of retention, the cost of living and the difficulty of rising above the noise – there are many advantages of staying put.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

It’s hard to get people to take a risk at a startup or for a reasonable salary with all this competition. Each of these companies exited for more than $500 million and several north of $1 billion. I talked to one startup CEO who told me, “you have young engineers who want to make $200,000 or more to work for me.

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Idealab

Tech.Co

CitySearch, now a part of IAC, established the category of local online community directories. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.

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