Startup Advice
sari and
Startup Advice
It takes less effort to interview three times as many people as it does to turn a mediocre performer into a star.
nametwitter.com
I was at Amzn early '00s when we lost 95% of our market cap. Later at FB I negotiated a down-round in '09, and then in '12 our stock dropped 50% post-IPO. I was on the board of a public company that went bankrupt (Borders) and a start-up that went under (Hello). Some lessons:
Dan Rosetwitter.comif the Minimum Viable Product (MVP) gains traction, then the company will likely receive funding and a growth period will occur. Invariably, that means more people will join the team and the vision from the initial engineer needs to be shared.
Early on, when the team is small (2–15 people), typically processes are loose as the overhead in aligning... See more
Early on, when the team is small (2–15 people), typically processes are loose as the overhead in aligning... See more
Evolution of Monolithic Systems
- How valuable is what I’m doing?
- What makes this hard for others to do?
- Could this get dramatically easier because of what others launch or how the industry evolves?
- If this does get easier, do I have a “Plan B” to create differentiated value?
Note: An early version of this post appeared in my personal blog (still a work in progress). Decided to
Dharmesh Shah • How To Build a Defensible A.I. Startup
What is the “right” problem to solve?
uxdesign.cc
Generally, teams think about switching costs as the amount of time and money needed to install one solution and remove another. But true switching costs are much more than that: they include the politics, emotions, career ambitions, esoteric business processes, competing priorities, and sheer laziness that all favor the existing solution. Those... See more
Jake Fuentes • Lessons learned from a startup that didn’t make it
