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The Courage of Big Changes

As soon as your new startup has some actual endusers a fear of changes sets in. What if people don’t like it? What if they start to protest? I sometimes meet startups with only thousands of users that are firmly [...]  Read more

Edmodo: Adding Greylock and Benchmark

After yesterday’s Twilio announcement, this will make two funding posts in a row but that’s just how it worked out: Edmodo today announced that the company has raised $15 million in a round led by Greylock and Benchmark. Reid Hoffman [...]  Read more

Twilio: Fueling Up for Growth

Twilio has been growing rapidly in the US and they recently launched in the UK for voice with text coming soon. In addition to geographic expansion, Twilio has also been adding awesome new services such as Twilio Client and Twilio [...]  Read more

Tech Tuesday: Programming (A Start)

Maybe I should have started the whole Tech Tuesday series with a post on programming since that’s why computers were created in the first place! In fact, thinking about programming in many ways precedes the availability of actual computers to [...]  Read more

Burn Rate

MBA Mondays is back after a week off. Today we are going to talk about burn rate, or cash burn rate to be more specific. Your burn rate is the speed at which your cash balance is going down. If [...]  Read more

Negotiating a Term Sheet

There have been many great posts about the various terms that go into a termsheet for a venture investment. As a result entrepreneurs are much better informed which is a good thing all around. I am still puzzled at times [...]  Read more

Privacy and Facebook

So Facebook settled with the FTC over privacy and Mark Zuckerberg wrote another apologetic blog post (as pointed out by Liz Gannes this is his tenth). Part of the need for these apologies comes from Facebook’s aggressive approach to releasing [...]  Read more