Startups are increasingly building product features that depend more on a balance sheet of capital to differentiate themselves versus customer value that is unique and defensible. This creates feature wars that quickly become balance sheet wars when other startups or incumbents decide to copy these features. Free stock trading, hi-rate savings acco... See more

Q: Startups are tough. Is it worth it? Dustin Moskovitz co-founded Facebook and Asana. In the clip below, he walks through the common motivators of founders and why starting a company usually isn’t the best way to achieve their goals. Motivator #1: Financial Outcome ___LINEBREA... See more

“Over 70% of startups fail or die. 3% of companies exit above $100 million, 0.7 % exit above $500 million, 0.2% exit above $1 billion, 0.06% exit above $2 billion. In the 1,000 companies hand-selected and funded by venture capital, only two of them can get to an exit over $1 billion. Five companies exit between $500 million and $1 billion. A total

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Most wannabe founders are waiting for an angel to anoint them with a $50,000 check before they start working on anything outside of a PowerPoint deck, or worse, delusionally long emails explaining why everything else out there sucks and their derivative idea will win—if only you believe in them and cut them a check. If the most a person can create

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