Startup Reading List | September 22, 2017 | Some outlier reads to help develop perspectives in all things startup. Enjoy and keep on keeping on. | Save an Average of 26% off Public Hotel Rates!  Hotel Engine, a private hotel booking platform, offers you complimentary access to deeply discounted rates at more than 100,000 hotels. Enjoy no fees, contracts, or minimum spend in addition to 24/7, U.S.-based customer support. Join for free today here.
| | Fred Destin "Your board member may be outwardly supportive, but inside he or she might be panicking about how to explain to his partners why you're off track. Maybe he or she fought hard to bring the deal to the table and is not yet proven inside the partnership. Maybe it was a contentious decision and he or she used a silver bullet to get it done, and is concerned about the fallout. The best partnerships of course close ranks behind a partner after an investment has been made, but these are few and far between." | | Cory Hooyman and Ryan Broshar "On the flip side, the corporations – and Target has done an amazing job of this – admit where they need to improve in order to interact with the startups. Not everything is going to be at the level of a huge consulting firm or a massive software company when it's just three or four people who are iterating an idea." | | Jonathan Golden "You may have already read the lore about how Brian and Joe initially got the flywheel going in New York: meeting every host in person, photographing host listings, and leveraging a variety of growth hacks. By the time I joined, those efforts had paid off, and New York made up a significant portion of stays. So how could we replicate the success of New York in other markets?" | | Michael Kim "One of our primary filters is portfolio construction — we think percentage ownership is paramount, and thus look for fund managers who lead their investments and get at least 10 percent ownership. The average VC exit is $100 million, so if you own 1 percent of the company at the time of exit, that may be a great multiple but the $1 million in proceeds won't move the dial on a $50 million fund. If you own 15 percent, however, it does move the dial on a $50 million fund." | Techstars is hiring a Director of Partnerships - Apply Now! As our Director of Partnerships, you will manage relationships between Techstars and our corporate partners. In collaboration with our Operations team and Managing Directors, you will work closely with C-Suite and senior leadership corporate executives to understand their questions, needs, and goals of partnering with Techstars. Ideally this candidate is located in Berlin. Apply now!
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