Friday, March 6, 2015

Startup Reading List - Startup Digest - Barcelona, Center of the Universe - March 6th - March 13th

Startup Digest Startup Digest Startup Digest

Startup Reading List

March 06, 2015

Barcelona is the center of the universe this week. Mobile World Congress attracted over 80,000 people to the seaside city in Spain. The size of the event was massive and included everyone from two guys and a presentation deck to large companies like Microsoft, Ford and Samsung. Reminds all of us that there is life outside of Silicon Valley (and New York, and London).

Don't use location, lack of a certain skill or time be an excuse. Build your dream. Note to author, read the last two sentences before this one.

Startup Reading List Startup Digest is curated by:
Zubin Chagpar

Zubin Chagpar - @phylosopher

Contact Zubin Chagpar at zubin.chagpar@startupdigestmail.com

Chris McCann

Chris McCann - Co-Founder, GroupTie

Contact Chris McCann at chris@startupdigest.com

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Early Product Metrics

Ben Erez

"Not only should each company have personal metrics that only make sense for their specific strategy, but the metrics will likely be different for different times in the company's life span. In other words, the key metrics for your startup to measure from launch up to 1,000 users will very likely change when you're trying to grow from 10,000 users to 1,000,000 users."

A Focus On The Company Not The Investment

Fred Wilson

"So I think that putting all of your energy into helping the entrepreneur and the team around them build a great company is the best way to accomplish generating great returns on investment."

The Risks of Overselling Your Round

CiarĂ¡n O'Leary

"So by all means – be a hustler, play the game, bluff a little – but make sure it doesn't come at a horrible cost."

How the Seed-Stage VC Trend Began

Jeff Clavier and Mark Suster

"There was no real framework for a $15 million fund at the time so I had to make one up … it was really sort of an experiment … I invested across Funds I & II in 90 companies"

How Fast is Fast Enough?

Christoph Janz

"If you want to get from 0 to $100M in revenues in seven years, your growth curve will likely look very roughly like this: Get to $1M in ARR by the end of the first year, triple to $3M in the next year, followed by another triple to $9M by the end of year three. Double your revenues in the next three years, so that you'll reach $18M, $36M and $72M by the end of year four, five and six, respectively. Grow by another 50% in the next year and reach $108M in ARR by the end of year seven"

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