Hi, guys! Hi, guys! (for those of you who don’t understand why I’m repeating myself, check out the bloopers video I’ve made HERE)
I know most of you are thinking about all the Christmasy things, but here are some things to read over the short holiday:
Do you want to know when a VC thinks a startup brings a meaningful revenue for them? What kind of exit is important enough for a fund? Here are some numbers and a good explanation of the process. It’s something it took me a little bit of time to understand.
Y! Combinator has access to the most important business people in the Tech world, so this is a series to follow.
Mark Ghermezian, founder of Appboy, shares the motivation behind buying and customizing 100 sneakers for all his team members. I’ve actually had a pair of Converse shoes with the MavenHut logo at some point, so I can see the appeal.
Bisset and his wife, Sharyn Miller, later told me that his outfit—board shorts and a yellow tank top—was part of a savvy strategy. “You don’t want them to think you have money,” Miller said. “Prices can go up.”
Not the tech article I usually recommend, but it’s interesting to see how the market sets the price, no matter the valuation. Once you’re in a place with difficult access to information and people in a spending mood, you can ramp up the prices to values you never thought of before. How you use this is up to you, but I would at least test some outrageous prices just to see the reactions (and the numbers).
An older article, but still true. Long story short, there are too many wanna-be entrepreneurs in the world. What’s sad is that they’re being rewarded for having the self-congratulatory social-media campaigns and for sharing life-changing business quotes when, in reality, they live off the buzz, without actually doing the hard work of the startup life.
In the end, I just wanna say that I’ll be on vacation till mid-January, but you can still check out my Facebook page as I’ll be sharing interesting startup articles. If you haven’t liked my page yet, you should. It’s likable: