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George Powell – Doing Well By Having Fun

InfoChachkie

John Greathouse: You pulled out your old college skateboard in the early 1970’s when your son wanted one. Greathouse: What was the turning point, from making a wheels by hand in your kitchen to creating a business? To go into production, I needed to build hundreds of molds and invest in a cost effective quantity of wheels.

Mentor 100
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How Boards Need to Evolve Over Time

Both Sides of the Table

With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. I should note that my friend Brad Feld has written a new book on the subject that I would recommend if you want the bible on the topic. In the Early Days.

Startup 325
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Don’t Let Your Startup O.D. On Cash

InfoChachkie

Startups should only spend their money on initiatives that deliver a discernible, measurable return on investment. For many years after Microsoft became highly successful, its executives (yes, including Mr. Gates) flew coach. If there happens to be a gas station along the way where you can fill up for a reasonable price, great.

Startup 100