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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Was there consumer demand? No brainer. Could we produce this at cost?

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Why Super Pro-rata Rights are Not a Good Deal for Entrepreneurs

Both Sides of the Table

Yesterday I saw a Tweet from Chris Sacca fly by that prompted me to want to write a blog post helping entrepreneurs understand why they should push back against VCs asking for “super pro-rata” rights. They might own 8% of your company after the first funding but demand up to 33-50% of your next round of financing.

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Make It Work, Now Belongs To Geek Squad

Eric Greenspan

I wrote a one page business plan and create this logo: My business idea was simple, I wanted to help people “make it work” in their business using technology and building operational software solutions. Next, came MIW II…but before we get to that part, let me explain why I’m writing this post.

IBM 136
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It’s Better to Beg for Forgiveness than to Ask for Permission

Both Sides of the Table

So I have a short story to exemplify my credo and my friend Tyler Crowley has been telling me to write this story for a while so here goes. I had been working on marketing & strategy initiatives for European telcos for the past several years helping them to think through and design Internet offerings. So I didn’t ask.

Startup 379
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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

When he had the idea for his company, he didn’t write a long business plan or try to raise money to hire an agency to build a website for him. He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away. It’s a chicken and egg problem.

Company 111
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Down the Stack | How Low Do You Go?

Tech Zulu Event

You’ve got a great idea for an app. I’m largely talking about whether to use an Infrastructure-as-a-Service (IaaS) or a Platform-as-a-Service (PaaS), and to some extent, how much to rely on Software-as-a-Service (SaaS) providers or write your own application components. You’re a startup. So how do you figure out where you’ll host it?

SaaS 90
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” If there was strong market demand for their product then this investment might pay off handsomely. One of them is profitability.

Startup 418