Startups

Lessons Learned About the Press and Startups

I think the press is something founders should leverage but work with it with their eye's open. This post is a few lessons about things I've learned the hard way about the press. Press isn't a repeatable customer acquisition strategy. When we started Codeup, we could get on the news any we wanted. After a spell, the outlets got tired of us, and press mentions get rarer when you aren't the exciting new thing. Seed-stage startups should do their own PR. There are multiple opinions on this. I had one…

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Secrets are Stupid in Startups

A friend sent me this Reddit AMA about some dudes starting YAMACYC ("yet another me-too accelerator copy of YCombinator"). I wrote back: "Secrets are stupid in start-ups." While mine was a flippant answer, my point is that keeping your business idea a secret is the exact opposite approach a founder should take. Instead, you should be telling everyone everything about your idea. Why? In startups, you want to learn as much about your market as quickly as possible. You want to launch your product as soon as possible. You want…

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"Pitch Me" Open Office Hours

If you have a startup, come pitch me. I'll be in Austin this Friday and have a few hours between meetings. Geekdom Fund does seed and second seed rounds into high-growth start-ups swinging for the fences. We invest in businesses where a tech innovation is at their core enabling rapid growth. Our focus is usually B2B businesses. You can see some of the companies we've helped here: http://www.geekdomfund.com/ and here: https://angel.co/geekdom-fund Email your pitch deck to [email protected] and we'll make happen.…

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Startup People vs. Big Company People

When I graduated college, I wanted to be an entrepreneur. Like most young people, I went to a college without an entrepreneurial culture. So, I didn't have people I wanted to partner with. I thought the best way to become an entrepreneur was to go work at a Big Company. I'd learn stuff and meet some other Startup People with my mindset. I didn't find any future co-founders at Big Company. I just learned how to be a Big Company Person. Big Company people are different than Startup People, who…

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My 5 Highest ROI Seed-Stage Tech VC News Sources

These are the five news sources that provide the highest bang for my buck in this game. Definitely interested in any suggestions y'all have in addition to this. Axios Pro Rata (https://www.axios.com/). A similar approach to the Ticker but has Dan Primack doing it. He came from Fortune's Term Sheet and is very smart. LAUNCH Ticker (https://www.launchticker.com/). Each day's tech startup news in a <10-minute read. The Information (http://theinformation.com). This is a paid service but does much more in-depth reporting than…

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