Does Your Startup Idea have a Fatal Flaw?
One of the weekly components of the Founder Institute Semester is the “Hot Seat”. Where founders have a chance to pitch their idea/company to the three mentors plus the local Director. During the Hotseat sessions for some Founders in Bogotá Columbia, I was watching as one of the Founders was having a challenge taking feedback
Read MoreWhen is Late to Market Really Too Late to Market?
I recently had the chance to host a group of mentors for office hours @StartupRiot in Seattle – Thanks to Jimmy Kwan at Turnstone for providing the furniture, it was the best the Bar at Showbox Soho has ever looked! We accepted applications from over 41 companies that requested office hours for Founder Institute Mentors.
Read MoreB2B Sales Models for Startups
In a past post, I’ve referenced the 13 B2C internet models using Steven Carpenter’s Tech Crunch article, which provides benchmark data for Internet B2C Companies, specifically the benchmark assumptions to get to $10M in revenue for the top 13 consumer internet models. Last week I did the Revenue, Cost and Profit Sessions for the Founder
Read MoreIs Your Startup Standing in a Graveyard?
I meet with a lot of entrepreneurs that are myopic about their idea. So myopic that they are likely in for a painful outcome, especially if they are in a tough market. “Standing in a Graveyard” is a phrase I heard Adeo Ressi from Founder Institute use recently. The comment was in response to a
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