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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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Be Careful not to Become a Conference Ho

Both Sides of the Table

You see them on Twitter, Facebook or Plancast plotting out their next 12 conference. They are professional conference attendees. Inevitably a certain number of entrepreneurs feel compelled to attend every conference. I have a really productive head of products cranking out code.&#. Look at me! I’m in Spain!

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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs.

Product 141
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7 Steps To Highly Productive Business Relationships

Startup Professionals Musings

For example, as an entrepreneur, you need investors, so you need to start networking early, because they won’t find you. In my own experience networking as a startup investor and business executive, I always gave extra consideration to someone who didn’t immediately pitch me about their great idea or background.

Product 102
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Building Products for Mass Adoption

Both Sides of the Table

Chris Dixon wrote a blog post last week titled, “ Techies and Normals &# in which he defined “Techies&# as people who are not just “early adopters&# but also have more of a geeky, technical, product bent. They use products because the products solve a need they have. Here’s my take on the topic: 1.

Product 348
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8 Advantages To Building Your Own Startup Prototypes

Startup Professionals Musings

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. The movement has long since spread across the country and across the globe, spawning innovative products such as the MakerBot Digitizer and all the things you can access from Thingiverse.com.

Startup 159
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The Scarcest Resource at Startups is Management Bandwidth

Both Sides of the Table

When you work inside a startup with lots of clever and motivated staff you’re never short of good ideas that you can implement. Each one incrementally sounds like a good idea, yet collectively they end up punishing undisciplined teams. That channel deal that you thought would take no times ends up burning scarce calories.

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