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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. If there happens to be a gas station along the way where you can fill up for a reasonable price, great. Sound counterintuitive? However, do not count on it. Thrive Below Your Means.

Startup 100
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Pour And Stir II – Managing Your Cost Per Customer

InfoChachkie

Some channels will be expensive but highly scalable, such as direct response radio, while others will be less expensive, but more difficult to scale, such as search and affiliates. In addition, you must consider your customers’ lifetime value by channel , as there can be a great deal of variance between various clusters of customers.

Customer 164
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This Philanthropist Is Winning Skirmishes With Poverty By Tapping Into An Inner City’s Entrepreneurial Spirit

InfoChachkie

Even the organization''s lexicon reinforces its startup mindset. It performs "due diligence" before it makes "investments" and it measures results as a "return on its investment.". Our fantastically inefficient Federal Government could learn a great deal from the folks at ABC. ABC''s Founder And CEO Speaks Out.

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How This Startup Turned An April Fools Joke Into Customers

InfoChachkie

The team''s ability to drive significant customer interest without spending a dime on marketing was one of the reasons Jim Andelman and I invested in the company. According to Michael, "We didn’t sit around for hours brainstorming what might make a great April Fool’s gag; in fact, we didn’t do much planning at all for Geo.

Customer 153