The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.
The best talent in the venture industry doesn't work in large companies and won't work in large companies.
If you have a native monetization system where the atomic unit of content is the ad unit, that scales down all the way to a small screen experience. That's why Twitter is performing so well on mobile.
There is a difference between hiring a CEO and turning over control of the business.
So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.
Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.
Many artists stick to making and hire a manager to focus on their business. Artists that build websites and mobile apps can do that, too.
Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And custom...
Startups are rapidly changing systems. If you use an annual review cycle, you aren't getting feedback at the same pace that you need to adapt and change the business.
If you are successful, you will be cloned. That's life. In fact, it's a sign that you've made it when clones of your website, mobile app, and business start cropping up.
The venture business is a bit of an apprenticeship business, so the firm I worked for didn't let me make an investment until I was 30. That was probably a very smart thing.
It's not easy for an entrepreneur to find the time to blog. But for those who do it, it is a great tool to communicate with the various stakeholders in their business and build a reputation for thought leadership.
When there were not very many Internet companies, the supply of Internet companies to the market was small and the appetite for them was large. Therefore, if you were in the business of creating Internet companies in 1996-98, you had a market that pr...
I'm not saying M.B.A.s can't be great entrepreneurs. They can. But you don't need a degree to figure out it's costing you $5,000 per month to run your business, so you need $30,000 to keep it going for six more months.
When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.
Politics and government have been a terrible place to invest; education has been a terrible place to invest, but that is because the entrenched interests make it a terrible place to invest. The way you invest in those sectors is you go against the en...
One of the great things about young entrepreneurs is that they don't know that something can't be done. So they try something that's so audacious and usually end up pulling it off.
The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in.
It takes great salesmanship to convince a customer to buy something from you that isn't built or isn't finished.
Not only do you have to put yourself in harms way in service of your country, you have to leave your families at home. It is a great sacrifice.
