Street Smarts: What Are You, a Bank?

You probably lend your customers more money than you realize. Have you checked lately?

What should I send investors? Part 2: Deck

An introduction and elevator pitch are critical to getting a meeting. You should also provide a “ten-slide” deck that tells a compelling story about your team, product, traction, and plans.

In Global Entrepreneurship, One Small Initiative Can Make One Huge Difference

Entrepreneurs love to grumble about the roadblocks and delays created by bureaucrats. Government officials, they say, are slow, bumbling and concerned only about sticking to the rules and clocking out at 4:55 p.m. But in a study of global entrepreneurship, Raffi Amit and Mauro Guillen, both Wharton management professors, have found that a simple, if smart, bureaucratic initiative mattered critically in determining a country’s level … [ Read more ]

Business Structure Selector

This excel template helps prospective business owners determine the best legal structure for their new business. Identifying the appropriate business structure can help owners gain tax and legal protection benefits for their business.

Too Many Chiefs or Too Many Indians

Dick Costolo offers advice on who to hire early in the life of your company.

The Entrepreneurs Guide to Business Law

This standard-setting book is an essential resource for anyone looking to understand the legal challenges faced by entrepreneurs. From leaving your current job to taking your company public, it has the information you need to avoid potentially costly missteps. This book contains 17 chapters that follow the progression of a start-up business and anticipate its legal concerns through each stage of growth, with essential coverage … [ Read more ]

Ten Questions with Fred Greguras of Fenwick and West

Fred Greguras is a partner at the Silicon Valley law firm of Fenwick and West. In this interview, Guy Kawasaki asks him to answer the most common questions of newbie entrepreneurs.

No Exit

In this blog post, Dick Costolo ponders the answer to the age old question “What is your exit strategy?”

Mapping the Entrepreneurial Psyche

What leads a person to start a company? “The impulse…to prove oneself superior to others.”

Editor’s Note: a look at the life and work of economist Joseph A. Schumpeter

Fred Wilson

One of the things we are doing in the venture capital business by raising ever larger fund sizes and amassing larger pools of capital under management is creating problems and then making them the entrepreneur’s problem.

And so we tell the entrepreneur that we need 20% of his or her company to solve our problem. I don’t think that’s right. I’ve said this before and I … [ Read more ]

VCs & Tech Lawyers: INNOVATE, AUTOMATE, SIMPLIFY

Dave McClure blogs about how venture capitalists and associated lawyers have failed to embrace the technological advances that have helped nearly every other aspect of the business world.

Founders at Work: Stories of Startups’ Early Days

Founders at Work: Stories of Startups’ Early Days is a collection of interviews with founders of famous technology companies about what happened in the very earliest days. These people are celebrities now. What was it like when they were just a couple friends with an idea? Founders like Steve Wozniak (Apple), Caterina Fake (Flickr), Mitch Kapor (Lotus), Max Levchin (PayPal), and Sabeer Bhatia (Hotmail) tell … [ Read more ]

The Pmarca Guide to Startups, part 8: Hiring, managing, promoting, and firing executives

One of the most critical things a startup founder must do is develop a top-notch executive team. This is a topic that could fill a whole book, but in this post, Marc Andreessen provides specific guidelines on how to hire, manage, promote, and fire executives in a startup based on his personal observations and experiences.

Editor’s Note: another great post from Andreessen…

Lynda M. Applegate

Successful serial entrepreneurs are able to recognize patterns before an opportunity takes shape. They search for ideas at the intersection of markets, industries, and emerging technologies. They look for disruptors that will “unfreeze” a stable industry and the companies that compete within them. They look for business models that worked well in one market and can be adapted and applied in another. They recognize that … [ Read more ]

Looking for a Company to Run? Search Funds Could Be the Answer

For those entrepreneurs who want to run a company but prefer to skip the start-up stage, search funds offer a possible alternative. A specialized form of private equity first launched in the mid-1980s, search funds are becoming increasingly popular — and their supporters claim they can offer investors attractive returns and business owners a compelling exit strategy. What does this trend in private equity mean … [ Read more ]

Extending the “easy” Business Model: What Should easyGroup Do Next?

Its signature orange logo has made the “easy” brand one of the most recognizable in Europe – a stunning feat given that easy made its debut as recently as 1995. What began with easyJet has expanded to include easyCar and easyInternet. Now the company’s New Ventures Team must decide whether the no-frills, low-cost concept can be successfully applied to movie theatres, explains Professor … [ Read more ]

Kauffmann Foundation

The Truth About Venture Capitalists

Marc Andreessen offers a series of blog posts on venture capital.

Age and the entrepreneur, part 1: Some data

Marc Andreessen summarizes some research by Dean Simonton on age and creativity across many fields.

Why there’s no such thing as Web 2.0

Marc Andreessen discusses the difference between “spaces” (or trends) and markets, focusing on the Web 2.0 trend.