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Are Business Plans Still Necessary?

Both Sides of the Table

People mistook extra doses of Ajax for a successful product. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. I have seen really great product people espouse the death of the business plan. Do so at your peril.

Web 2.0 334
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This Week in Venture Capital – Episode 2

Both Sides of the Table

Google monetized this with AdWords (ads on their home page). Golden rule of branding for me: 1) name your company or product your URL and 2) don’t paint yourself into a corner. &# Tweet&# = corner. Stitcher - San Francisco-based service that lets users customize talk radio programming on their mobile devices.

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

Both Sides of the Table

The idea actually came to him from the Yellow Pages business. He took out an ad in the Yellow Pages (it was the early 80′s, pre Internet), which cost him $1,000 / month for a half-page ad. So the Yellow Page business was always “pay for placement.&#. If it worked in the Yellow Pages, why not on the Internet?

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The Customer May Not Always Be Right, But You Had Better Listen Just The Same

Tech Zulu Event

On opposite pages were two ads for two very large companies. These two ads showed how disconnected from their customers these once industry leaders have become. Sadly this is just a single example of what is happening to thousand of companies that are not listening to their respective customers. There is no lack of newness.

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Top 30 Startup Posts for July 2010

SoCal CTO

0160; If I need $250,000 to get to 100 customers, or $1 million to get to X, and I can raise both amounts from either Angels or VCs, where do we turn? Customer Care Today. These are the top linked domains from Facebook pages. Customer Validation needs to have the CEO actively involved. They ignore/disrespect the platform.

Startup 217