FoundRead — GigaOM

FoundRead

Can a person with a liberal arts degree, corporate consulting experience, and a subscription to Harvard Business Review fit on the founding team of a startup, report to an engineer-founder, use Facebook –- and contribute? Yes! And it’s important for two reasons: first, it sets a collaborative, … Read More »

Healthcare costs are in the news most every day now. In the United States, especially, political debate is focused on the question of whether and how healthcare should be provided to the estimated 50 million Americans currently living without health insurance. We’re raising the issue on Found|READ … Read More »

 
 

“Negotiation is a core competence for life, “not merely an important skill to be wheeled out for special occasions,” say James Sebenius and David Lax. The pair, a current and a former professor of the Harvard Business School (respectively), are also partners in a negotiation consultancy … Read More »

Patrons of Found|READ know that we’re big fans of The McKinsey Quaterly, an knowledge-rich periodical published by the consulting firm, McKinsey & Co., based on client-cases from the firm’s practice. This week’s edition has a great essay detailing the mangement benefits of one organizational tool … Read More »

How to use storytelling to motivate your startup staff

I read an interesting piece yesterday morning in The Los Angeles Times on the topic of how business leaders can use storytelling to inspire their employees and affect positive change in their organizations. Yes, storytelling. It was a book review, actually (reprinted from the Financial Times), … Read More »

The Liquidity Boom! And how to get some of it (= 2 terms: healthcare + 7 years)

Great news this morning from Dow Jones VentureOne on the health of the start-up industry, which the research firm finally declares to be in the midst of a“liquidity boom”! Already this year some $28.4 billion has been raised through M&A transactions, with 90 of these mergers or … Read More »

There are new data out on “pre-money” startup valuations, and it indicates that now is the time to raise money if your young company needs it. Why? Because “pre-money” valuations of startups — the base line value used by VCs to determine the smallest amount of … Read More »

3 Things you need to know about China

Yesterday I had the opportunity to interview Web Strategist, blogger, and Found|READ contributor, Jeremiah Owyang . He talked about all the things he learned on a recent business tour of Singapore, Hong Kong and Japan. Turns out he learned a lot, and not just about these … Read More »

How to bootstrap your startup

Editor’s Note: Matt Rogers is the founder of Aroxo, a new web-retail site based in London. He is also a regular contributor to Found|READ. This essay on bootstrapping, originally published Sept. 12, has been updated especially for us. We’ll update it with links to Matt’s … Read More »

How Second Life found its 2nd wind.

“Second Life was just unfundable,” Linden Labs founder Philip Rosedale tells Inc. magazine, in this interview. We’re huge fans of Inc. at Found|READ, a traditional magazine dedicated to entrepreneurs that is just full of great business tales and profiles. The site also … Read More »

We’ve decided to lighten things up a bit. Not because we think our content is too serious. It’s just that this founder thing is really tough. As one entrepreneur I interviewed recently told me: “Being a founder is a bi-polar emotional experience. I go from being the ‘ebullient … Read More »

What my short-lived experiment with Precimark can teach you

Editor’s Note: In June this year, Paras Chopra, founder of Precimark, a startup that mined social networks for talent, business intelligence and marketing purposes, shot off an email to his staff informing them that their little company would be no more. Under the motto … Read More »

More Must Reads

Back in the early 90s, the idea of social media held meaning only to geeks like myself, who were chained to our computers and “socialized” over Usenet. Today, however, starting a blog or leaving an opinion on someone’s Facebook wall is as common a way to … Read More »

Editor’s Note: we’re publishing the text of Jeremiah’s original post with his permission while he’s in Hong Kong, at a conference. He wrote this piece just after attending a STIRR event last April. Jeremiah, who met all kinds of founders when he was with PodTech, … Read More »

We’re written already about virtualization software company “VMWare”:http://www.vmware.com/ and it’s blockbuster IPO earlier this summer, the biggest tech stock offering since Google’s debut in 2004. We, and others, have pointed out that it was a long, slow slog through the desert for this Silicon Valley success … Read More »

Editor’s Note: I said I would post this Monday, but we rearranged. Sorry. Plenty of our readers express feeling overwhelmed by the quantity and variety of management responsibilities they have to shoulder as startup founders. A standard leadership solution to this problem is “hire-up and delegate-down.” But … Read More »

One of the biggest problems for founders is knowing when to spend your startup’s cash. You don’t always know when you’re going to need money, and there rarely ever seems to be enough of it, so, the tendency is to covet it — sometimes to your … Read More »

A friend of GigaOM, blogger Scott Lawton, passed on to us a great post that reveals why it is sometimes better to sell your business than raise more venture capital. The example used to illustrate this point is Alan Warms’ decision to sell his shop, BuzzTracker, … Read More »

Harvard Business School’s “Working Knowledge”:http://hbswk.hbs.edu/ weekly newsletter has a very helpful piece today, authored by marketing professor “John A. Quelch”:http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=ovr&facEmId=jquelch@hbs.edu about how you can take advantage of what he calls “the Scarcity Illusion Strategy”:http://hbswk.hbs.edu/item/5776.html when you’re getting ready to introduce your new product or service. By using … Read More »

Everyone has heard about ‘going with your gut,’ ‘trust your gut feeling’ and ‘gut instinct.’ That’s as little as most people know. *I’m going to share with you a bit more about your gut feeling and why you should follow it.* A gut feeling is … Read More »

Our colleague Liz Gannes has “a story today on Gigaom”:http://gigaom.com/2007/09/13/amazon-web-services-start-ups/ that raises a relevant topic for Found|READers, and it’s our *Question of the Day:* *Can the messy “black art” of starting up a company be streamlined into a science? And more, can it be outsourced to Amazon?* At … Read More »

I attended a mixer for entrepreneurs in San Francisco organized by “STIRR”:http://www.stirr.net/about called “Founder Hacks II”:http://www.stirr.net/. These events are cool beacuse at each mixer, STIRR invites a few repeat founders to get up and share one of the “success hacks” they’ve learned along the way with … Read More »

“Last.fm”:http://www.last.fm/about/ a five-year-old online music site based in London, uses software to collect, mine, and then categorize the digital tunes people are listening to, in an effort to help us all find more of the music we already know like, and other stuff that we might … Read More »

*Business is like activism. It is a way of saying what kind of world you want to live in. Protest is not enough. You need a vision to be successful.* – “Anita Roddick”:http://www.nytimes.com/aponline/us/AP-Deaths.html?_r=1&oref=slogin, founder of The Body Shop. *Founders’ Lesson #19:* Is your business-mission an expression of ‘the … Read More »

Long before Google made its claim on the notion of doing business without doing evil, British entrepreneur “Anita Roddick”:http://www.nytimes.com/aponline/business/AP-Obit-Roddick.html?ex=1347163200&en=53da0835e43ac13c&ei=5088&partner=rssnyt&emc=rss built an billion-dollar cosmetics empire on this very maxim, and at least one more: “Businesses have the ability to good,” Roddick said, as often as anyone would … Read More »

The best advice I got on my first business plan was also the hardest to swallow. A CEO whom I respected took a look at it and told me, flat out: “Tear it up and start over.” In the end, this feedback helped me get my … Read More »

Luck is just the product of many other entrepreneurial qualities, such as: boldness; inventiveness; motivation; honor; and leadership. Think about this the next time you feel ‘lucky,’ or are tempted to dismiss someone else’s success as ‘lucky.’ – Founder Ursula Schwuttke, in the conclusion to her earlier … Read More »

So you have your team all lined up, you’re incorporated, you have a working alpha and you’re preparing for Beta release to get some early customers and prove that your product works. Now you’re thinking about getting some funding to take your startup to the next stage: … Read More »

Last week, I had the pleasant surprise of interviewing a genuinely egoless and insightful private equity investor. (Really. They do exist.) When I say insightful, I mean he spoke candidly and with a unique perspective on the PE trade, as well as on the tech industry … Read More »

Editor’s Note: Our friends over at “Red Canary”:http://www.redcanary.ca/view/top-10-programming conducted a public forum with entrepreneurs and founders, like you, to find out what will be the top (most relevant, most used) programming languages in 2013. The results are in, we think they are worth reviewing for your … Read More »

This is the 2nd in a 3-Part Series chronicling the first six months of our web development startup, “Nydus Media”:http://www.nydusmedia.com. Like all young companies, Nydus has already encountered a its share of challenges. The fact that, together with my cofounder, *I launched the business from my … Read More »

While working a full time job, I have devoted my nights and weekends to developing a community-powered marketplace, which I feel will be incredibly successful. I have bounced the idea off many people, and they seem to be excited about the site and the movement it … Read More »

Finding a mentor is one of the most important things a founder can do. It’s hard to overestimate the value of a confidant from whom you can seek feedback on your idea, advice on strategy, or a little support when that entrepreneurial energy flags. But cultivating … Read More »

After recently going through the process of finding web development and design firms for my latest venture, “TickerHound.com”:http://www.tickerhound.com/, I decided that I wanted to write about my experience a bit. I think by having worked on both sides of the fence (as vendor, and now, … Read More »

This is the story of my deployment with the U.S. Army to Afghanistan, and how the first six months of my tour of duty here affected the launch of my web startup, “Nydus Media”:http://www.nydusmedia.com/. When I received the Army’s call in November 2006, I thought that … Read More »

Editor’s Note: Trevor is the editor of “Red Canary”:http://www.redcanary.ca/, a great online magazine/community just like Found|READ, but which is focused on “fast-growth Canadian companies,” rather than startups. Trevor’s July 2006 Red Canary post on “hiring tips for startups” is obviously very relevant to Found|READers, and … Read More »

Editor’s Note: we’re posting this *Question of the Day* because we think it raises an obstacle that many promising tech entrepreneurs will face — *networking outside the insular practice/industry to get their businesses off the ground.* This isn’t always easy for developers who’ve “grown up” in … Read More »

This post chronicles my adventures last year as I began to build an open source software development company, “zAgile”:http://www.zagile.com/aboutus.html — “una compañía que busca transformarse en una plataforma para el desarrollo de software en el mundo!” (It means, “a company that aspires to be the … Read More »

My three cofounders and I are getting ready to launch a new site, “Blahsports.com”:http://www.blahsports.com/. We are only days away from launch and are wrapping up some details. While most of the team is plugging away the keyboard, I am busy drawing up a business plan to … Read More »

“If at first you don’t succeed, try, try again. Then quit. No use being a damn fool about it” – W.C. Fields *Founders’ Lesson #17*: Quitting is just a stage in starting anew. Recognize when it needs to happen, and do it. You’re now one step closer to … Read More »

Standard economic theory treats human beings as rational, calculating machines, but behavioral economics holds that the machine often breaks down. Businesspeople, no less than others, are subject to cognitive biases that can undermine their objectivity–particularly in potentially career-destroying decisions to exit foundering businesses or cancel struggling projects.” — *”When to exit … Read More »

Editor’s Note: Matt Rogers, one of our semi-regular contributors, has a new post on his blog about eBay. It’s filled with insightful data and Matt’s conclusions about what has gone wrong at the online auction giant. We’re ewposting his piece here, not necessarily because we think … Read More »

I am one of two founders in a startup. Both of us come from a creative background – but even though *we are artists,* we are both firmly grounded in and have a good grasp of technology and business. Still, one of the core qualities of … Read More »

As most founders know, or come to learn, finding the right business partner or co-founder is among the most important–and difficult–things we do as entrepreneurs. In 2003 I came up with a killer idea for a new RFID product. I talked about it with a … Read More »

“Bill Burnham”:http://billburnham.blogs.com/about.html wrote a great piece called “Understanding Why Your VC is Acting Crazy”:http://billburnham.blogs.com/burnhamsbeat/2007/07/understanding-w.html where he leads off saying “Over the years I have heard many stories from entrepreneurs expressing various degrees of frustration and mystification over a position taken by their VCs . . .” To … Read More »

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