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 …
Traction vs Value
David Pakman has an excellent post up called “Confusing Traction with Value“, pointing to the “distressed exit of iLike” and then pointing out a few Web 2.0 aberrations in valuation. For those of you who experienced Web 1.0’s up and down, this is a bit “been there, done that”. Web 1.0 was about startups far outstripping the available audience. Web …