Startups
Alex Wittenberg and
Startups
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.comYou need 2 types of people to keep early-stage startups from stagnating:
- someone who’ll shamelessly sell the product before it’s fully ready to be sold
- someone who’s embarrassed by this and will push to improve the product faster
nametwitter.com
If you're the CEO of a fast-growing startup, the mistake you'll make in the next year that you'll regret most will probably be a hiring mistake. Possibly hiring someone established, which you'll feel you should do now you're getting big, and which VCs will strongly encourage.
Paul Grahamtwitter.com
Amazon: How do we keep experimenting in superfast delivery?
September 19, 2013
The founder of Pinterest on what surprised him the most when starting a company
In the clip below, Ben Silbermann shares what surprised him the most in starting a company after reading about overnight startup successes like Facebook and Instagram:
“It can take a really, really… Show more