Bubbles and Unicorns

Unicorns

(Read More...)

Assembling the Right Team

I meet with a lot of startup founders, and many of them don't have well-balanced teams. For example, a company might have two non-technical cofounders who are outsourcing all of their early engineering work, or two technical cofounders who want to build enterprise SaaS products but have no sales experience and no connections to their target market.

(Read More...)

What Shape is Your Competitive Advantage?

It's important for companies to have some kind of durable competitive advantage -- otherwise competitors can come in, copy a product, and take away significant market share (and profits).

(Read More...)

Valuing Employee Options

Yesterday, I read an interesting exchange on Twitter about how to value employee options. All of it was sparked by this tweet:

(Read More...)

Fundraising Roadmap Algorithm

As a software engineer, I try to approach problems algorithmically. That is, given some kind of input, what kind of procedure can I reliably run to generate the desired output. For example, given a bunch of numbers (input), what's the best process (algorithm) to quickly and efficiently arrange those numbers in increasing order (desired output)?

(Read More...)

The Bubble that Matters

A few days ago, Tom Tunguz had a great post on why the "is it a bubble?" question shouldn't matter to startups. I agree with him: focusing on whether there's a bubble in the startup ecosystem is counterproductive, and founders should just concentrate on building great companies efficiently regardless of the macro environment.

(Read More...)

Turning Habits Into Business Ideas

I spent last week moving to a new house. As someone who has moved ten times in the last ten years, I'm (unfortunately) very familiar with the moving experience. One of the things that struck me is how little the moving process -- or maybe just my moving process -- has changed in the last decade. Here's my moving game plan:

(Read More...)

Advice on Advice

"I always advise people never to give advice."

- P.G. Wodehouse

Advice is a double-edged sword. It's easy to give but hard to give well, and easy to receive but hard to evaluate. In short, advice is hard. This post is about how to give and receive advice more effectively.

(Read More...)