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Understanding the Politics of Tech Startups

Both Sides of the Table

Many startups these days are started by young, technical or product founders who are in the idealistic phase of their lives and careers. And it’s why many early-stage companies blow up. Of course it sounds nicer to live in a utopian socialist society where everybody has the same amount and life is “fair.”

Startup 385
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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

Of course not. You took the risk to start your company. ” Your peer group is envious of your finally doing what they’ve always wanted to do but found it too hard to give up the golden paycheck and predictable future. So as a startup CEO you constantly have to suspend disbelief. Of course you need to be open.

Startup 417
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The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

In the comments section a clever question popped up about whether I would have invested in myself before I became an investor. My first response mentally was, “Of course!” In fact, my salary never caught up with my pre startup salary across 2 companies and 8 years. I had invested in myself for years.

Startup 409
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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. There are bootcamps, startup classes, video interviews – the sources are now endless. Because I’ve asked more than 100 VCs similar questions I start to notice patterns in thinking.

Startup 407
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The Importance of Realism in Startups

Both Sides of the Table

As I’ve said before, all startups need to realize that every other company still has to see itself naked in the mirror in the morning. In my interview I talked about the biggest stress that really comes from startups – dealing with all the other people with whom you work. They are only one aspect of the startup experience.

Startup 412
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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. Changes in the Startup Ecosystem. Open source computing, which reduced costs to start a company by 90%. And on and on.

Startup 390
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The best advice startups will never follow

Berkonomics

The problem, of course, comes if the business fails. Don’t take money, especially startup loans, from unsophisticated investors. . I was a co–lender and assumed the chairmanship of a young startup where the entrepreneur’s cousin also loaned money under the same terms.

Startup 317