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.comStartup COO job boils down to this:
1. Pick a problem area, and build 0 to 1 yourself. First principles get you pretty far!
2. After it gets going, start recruiting for an experienced leader for the area.
3. Onboard the leader well, nuke yourself out and attack next problem.
nametwitter.com
Thread by @patio11: "Some people really benefit from hearing advice that everyone knows, for the same reason we keep schools open despite every subject in them h […]"
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