Comments for Startup Swagger

Comment on Quote – Jay Adelson, Former CEO – Digg by Nitin

Nitin — Sat, 17 Dec 2011 02:19:30 +0000

A inspiring person to all youngster who tends to do something different in web industry ….

Comment on About Me by Your boy Ben

Your boy Ben — Fri, 21 May 2010 23:26:57 +0000

Hey buddy, just checked this out for the first time. You are definitely going places…I like! Hope life is treating you well man, I’ll give you a call sometime in the next week to make sure you’re eating your veggies. Take care bud, one love.

Comment on F*ck the Other Side of the Table by Startup Swagger » Blog Archive » The IPO is Not an Exit Strategy

Startup Swagger » Blog Archive » The IPO is Not an Exit Strategy — Mon, 10 May 2010 12:08:20 +0000

[...] round in the long-term scheme of the business (and this is why I hate the extreme emphasis and fascination placed on taking companies public. It’s just another financing round for a company, nothing [...]

Comment on F*ck the Other Side of the Table by Yaw

Yaw — Fri, 16 Apr 2010 19:40:24 +0000

Thanks for your insight Joel. There’s definitely a fine line between not enough cash and having too much of it; having too much cash can be just as toxic to entrepreneurs who don’t know how to manage cash and expenses. That said, having a nice cash buffer to handle market fluctuations or to pursue timely strategic opportunities (i.e. acquisitions or business expansions) can be very beneficial, too.

Comment on Startup Resources by Yaw

Yaw — Fri, 16 Apr 2010 19:31:46 +0000

Thanks Bobby, glad you’re finding it useful!

Comment on Startup Resources by Bobby O

Bobby O — Fri, 16 Apr 2010 08:28:52 +0000

Awesome resources Yaw!! And loving the blog ps.

Comment on F*ck the Other Side of the Table by Steve

Steve — Fri, 16 Apr 2010 04:21:51 +0000

How are these wannabes angels gonna get the money to be able to sit at the table to say no?

If you’re not in the game, you’re just watching the play by play coverage so of course it looks sexy and great. But try losing a few million on a sock puppet, then tell me if you think it’s still sexy…

Comment on F*ck the Other Side of the Table by Joel Lessem

Joel Lessem — Fri, 16 Apr 2010 00:52:43 +0000

Could not agree more.

Here is my view:

1. Go and sell as many customers as you can and build a real business.
2. If you raise money treat the cash like it was your own. Be capital efficient.

Part of the problem is VCs pump start-ups with too much cash. They don’t test initial market assumptions cost effectively. 4 out of 5 times the company is too intent on “scaling the business” (i.e. spending all their money) and not focused on building a profitable business.

Joel Lessem
blog.firmex.com

Comment on F*ck the Other Side of the Table by Jason McCloy

Jason McCloy — Thu, 15 Apr 2010 21:53:04 +0000

Enjoyed your post!

Comment on F*ck the Other Side of the Table by Dave McClure

Dave McClure — Thu, 15 Apr 2010 21:36:28 +0000

thoughtful post… nice job.