How to Build a Successful Startup Ecosystem in your City

Recently, Techstars held an AMA (ask me anything) with Brad Feld (Foundry Group), Chris Heivly (VP of Innovation at Techstars), and Eric Reich (43 North in Buffalo) called How to Build a Successful Startup Ecosystem in your City. Over 800 people watch live and asked and voted for questions. Some of the highlights for me were when …

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file under: Startups

Sphero does it again with RVR

Today, Sphero announced RVR which is a “go anywhere, do anything programmable robot”. I just reserved mine on Kickstarter as part of the launch today.  This is a super easy to program and super capable robot. You can add your own attachments and make them mobile. It works out of the box and requires no assembly. So, …

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file under: Startups

The Twenty Minute VC – Second Appearance

My second appearance on The 20 Minute VC is out today, with host Herry Stebbings. Harry does such an amazing job and it’s a real honor to be on his show.  I hope you enjoy listening! CLICK TO PLAY CLICK TO LISTEN ON ITUNES Here are the show notes from Harry as a preview:  1.) …

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file under: Startups

Perspective entering 2019

Happy new year everyone. Just before most of us rang in the new year, we successfully flew by a distant rock (Ultima Thule), one billion miles past Pluto and four billion miles from earth and, you know, took some photos. News of that did not reach earth until the new year, since the signal took …

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file under: Blog

A Rule of 40 walkthrough

For SaaS businesses, I’ve found the rule of 40 to be a useful management tool. The basic idea is that as a SaaS business, you want your growth percentage plus your EBITDA percentage to be 40 (or better).  So if you’re growing at 50% per year, you can “invest” in growth by having a 10% …

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file under: Startups

Deciding to say no should be easy sometimes

Have you ever found yourself in a situation where you’re in a group that is debating something–such as whether to take on a new investment–for a very long time? Let’s say your group is healthy and high-functioning. Normally decision making feels natural and strong, and you have a rhythm going for how you make decisions. …

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file under: Startups