Simplify

Remember factoring out from math class, where you had to simplify an equation by finding the common factors? Startups often start out as a fairly simple equation. But over time, as your organization grows, it becomes more complex. As you scale, your business model gets complex. It creeps in naturally. You know what’s complex in …

Continue Reading >

file under: Startups

The Business Blockchain: the future of authenticity and trust on the web

I recently read The Business Blockchain by William Mougayar, which provides a really strong description of the practical applications of this important new technology. This goes way beyond bitcoin. William anticipates a future with thousands, possibly millions, of blockchains that will enable frictionless value exchange and disrupt traditional business models. He defines blockchains as “new technology …

Continue Reading >

file under: Startups

How Microsoft, Uber, Twitter, and Google came to Boulder

A thriving startup community provides a boost to the greater community in lots of ways. It encourages innovation and investment, attracts creative, entrepreneurial people, and generates a certain energy– making the entire city a more desirable place to live. Additionally, when local startups are acquired by big companies, and those companies hire more people in the …

Continue Reading >

file under: Startups

How much should a growing SaaS business burn?

As an investor, I’m often asked what sort of burn rate is appropriate for a growing company. This question seems to come up right after a Series A raise when the startup feels flush with cash, has some level of product/market fit, and is wondering how much and how fast to try to grow. For …

Continue Reading >

file under: Startups

Metrics for Startup Success

What is the right startup success metric? I was recently asked why we celebrate fundraising amounts as opposed to other meaningful metrics, such as revenue, recurring customers or staff size. To be perfectly honest, it’s a struggle to find intermediate metrics for startup success. In our industry, funding is used often as a measure of …

Continue Reading >

file under: Startups

Don’t Make Yourself Indispensable

When you’re first starting a company, you’re right there in the thick of it, all the time. During that heavy lifting phase, you naturally have to throw yourself into getting your startup off the ground and figuring things out. But it can’t go on like that forever. Obviously your own personal health would take a …

Continue Reading >

file under: Startups