For the past 5 years or so Google, Facebook and a handful of tech industry giants have been quietly buying scores of early-stage startups for their talent.
Guillaume Decugis's insight:
Never been a fan of acqui-hires though I totally respect teams and founders who go through that. Probably because I've been through an integration before and this was the worst time of my life even though I had all reasons to be happy (this was by all measurements a successful exit). But Mark Suster makes a bigger point on what the danger of acqui-hires are.
If you want to understand startups, understand growth. Growth drives everything in this world.
Guillaume Decugis's insight:
Paul Graham - the founder of Y combinator - states some obvious and some not-so-obvious facts about what makes startups different than any other businesses: growth.
“If you cannot measure it, you cannot improve it” – Lord Kelvin This article is a comprehensive and detailed look at the key metrics that are needed to understand and optimize a SaaS business.
Guillaume Decugis's insight:
Anyone who's doing a Saas startup and haven't read or deeply understood this is doomed...Now, beyond the math, the actual ideas and execution for making the whole model work are a difficult art.
Today, we launch Scoop.it publicly, which means our private beta was a success with strong traffic and continuous growth.
Guillaume Decugis's insight:
This is the post I wrote when we launched Scoop.it back in November of 2011. And how we had failed before that. And failed to realize quickly enough we were failing. It's hard to capitalize on on the past in enterpreneurship: sure, you learn; but there's always more to learn and a lot of unknowns. I felt I had to re-invent myself as an entrepreneur. That I had to relearn most of it.
As we had finally seen some success through the private beta of Scoop.it and were about to launch, I decided this was a good opportunity to share that story.
This is a great emotional description of many things about entrepreneurship.
I like in particular how phases you go through as an entrepreneur constantly change like on a roller-coaster. Not everyone's the same but all entrepreneurs I've known whent through these ups and downs (although admitedly not the getting-broke-from-being-millionaire phase). But the point James Altucher is making resonnates : it's about what happens now.
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