An acquihire (acquisition + hiring) is when a startup exits to a company that’s primarily interested in the founders and employees, and not the technology, product or anything else. Acquihires are most common with small startups that don’t get the traction they need to make it on their own or raise the necessary capital to […]
Someone Else is Already Working on Your Idea
If you think you have an original idea, think again. There’s a very, very good chance it’s already being worked on. It might not be identical, but it’s likely very close. If no one else is already working on the idea you have, there’s a good chance it’s a bad one. Fundamentally, you should never […]
Startup Reality: Survive or Die Quickly
The simple and painful reality for startups in this economy goes like this: Survive until things pick up, or die quickly and start over. Mark Peter Davis at DFJ Gotham makes this point in his recent post, The State of Venture: The Ugly, The Bad And The Good. In this new economic environment, access to […]
Venture Capitalists Love Sex Because Sex Sells
Mastering PowerPoint isn’t something to be proud of. But it’s a reality of a startup CEO’s job if you’re trying to raise capital. Why? Because sex sells.