Mark Suster always provides interesting food for thought. In a recent post “Most Startups Should be Deer Hunters“, he examined whether startups should go for “elephants, deer, or rabbits.” He is right to warn of elephants. They can bring in cash, please your investors with a brand name, and put your company on the map in terms of credibility and …
Startups, Law, and Lawyers
Chris Dixon just wrote a post “Entrepreneurs needs to learn some law“, which spawned from a discussion on first round term sheets. Startups are a massive learning curve no matter how many times you have done one (just different curves), but I agree that it is absolutely worth taking the time to become savvy on contracts and business law. I …
Startup Lessons: Don’t Be Afraid to Lose
I recently discovered Mark Suster’s blog Both Sides of the Table, and have really enjoyed his posts on entrepreneurship. He has a good post called “Embrace Losing” that talks about closing sales and learning from mistakes. I’d like to piggyback on the post with two of my own anecdotes that can be summed up with the simple thought: don’t be …