Amp It Up
The great benefit of adopting the discipline of profitability at the outset is that you do not have to learn it later on. All too frequently, even when they are led by experienced managers, enterprises that are venture funded for long periods of time fall into a “welfare state mentality,” losing their sense of urgency, and looking for their next pa
... See moreGeoffrey A. Moore • Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers (Collins Business Essentials)
From the perspective of an operations guy, there is a lot of riff-raff in venture capital: posers, herd mentality, technology infatuation, too much education, not enough experience to appreciate what grit and focus it takes to grow a business out of nothing. To have a fighting chance, you want to be with the best firms, and the best partners in tho
... See moreFrank Slootman • TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story
Do Things that Don't Scale
paulgraham.com
Asking friends what would kill their firms, I heard; Performance. Succession planning. Politics. There was plenty of overlap in their answers. What stuck out to me the most was how a lot of these fears closely aligned with the revolutions already going on in venture that I've been writing about. The productization and improvement in a venture funds... See more