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Visit humbledmba.com → RSS feedOn Hacker News Jun 2010 – Jan 2012
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When we were raising money for FlightCaster in Fall 2009, we met with dozens of investors, both VCs and Angels. Most of them turned us down. The investors that did put money into FlightCaster provided us a ton of value, both in terms of their capital and all the support/guidance/networking.
Listen guys, I’m sorry. But, I just can’t do it anymore. I can’t keep having this conversation with every non-tech founder. It’s just too painful. On you, on me, and everyone else that you’ve approached. I was once on the search for a technical co-founder, so I can empathize.
Office space Launch parties Health insurance plans Salary negotiations Founder equity splits Series F stock Office Food Team-building activities CRM systems Bookkeeping Head count Working in SOMA Convertible debt caps Valuations TechCrunch Karma scores ISOs Powerpoint Business Cards Banks Lawyers Desks 1099s Bug…
Interviewing is broken. Has been for years. This rigid commitment everyone seems to have to the standard resume/cover letter/interview system of hiring is just plain insane.
As in stop being in stealth mode. Stop asking for advice. Stop doing your start-up. You’re not ready.
I have delayed sleep phase syndrome, a common form of insomnia. Sound familiar anyone?
I was just chatting with a friend that is a successful entrepreneur, advisor , and angel investor. He has 1700 unread emails in his inbox. 1700!
I did an unvacation in Tupelo, Mississippi this past week. An unvacation is my new M.O., in which I travel to someplace fun but don’t take significant time off while there. My old friends Henderson and Rebecca live in Tupelo, and it was a really special opportunity to spend some time with them. One of the many great…
I just gave a presentation on 42Floors to 150 people. It went well. I was really proud of: 1) our team, 2) our product and 3) the way we were able to present it. It was as if we were telling people about it in our living room, but there just happened to be 150 people there. Afterwards, several people told me that it…
I chatted with a young guy last night about his new startup idea. He’s got a vision for a social commerce app with a few cool spins on it. As I listened to him, I was thinking about how I had heard this exact pitch half a dozen times before. I also knew I had a lot to offer him in terms of help. I have a good friend…
Getting a startup off the ground takes time, talent, and money. Time can be stolen from various parts of your life with some determination and prioritization. Talent can be eventually learned or acquired with cofounders. Money’s different. You can do a lot of things to reduce the need for money, but it usually takes…
For those of you that know me well, you know that I have terrible, horrible insomnia. In high school, I would go to sleep around 3am and then struggle to get up at 6:30 am. I would drink a dozen Mountain Dews everyday just to stay awake. In college, my schedule shifted further so that I was falling asleep around 6am…
Just chatted with an entrepreneur that has gotten himself into a bit of trouble. When he started his company, all of his cofounders took C titles. He was CEO, his best friend and co-founder was CTO, and their marketing friend became CMO. That was 2 years ago.
One of my favorite parts of the startup community is that we generally all acknowledge that we’re not playing a zero sum game. We create value by creating new markets and disrupting old, inefficient markets. Sure, we compete against each other as well, but in general, the communal spirit of entrepreneurship is a…
I talked with an uber-talented 27-year old the other night. She’s been working at the same startup for 3.5 years, helping it grow from 7 employees to over 100. While she started as a utility infielder, helping out with everything that needed doing, she’s now become a sophisticated online marketer. She’s ready to try…
Thank you to everyone who has been supportive of me with this blog since I started it last year. Many of you have voiced your appreciation for posts that you’ve found helpful. It’s been a really fun experience and a nice way to pay it forward as so many people have mentored me on my own path. The fact that…