Archive for April, 2008

What I look for in Startups by Jeff Pulver

Posted in buzzpal philosophy, other people's blogs, startups on April 30, 2008 by chrisco

Wow, Jeff is spot on here. Straight to the heart of the matter.

April 29, 2008
What I look for in Startups

During the past ten years, what I look for in a startup has changed.

These days I no longer actively look for an opportunity to participate in the “A” round or “B” round of a startup, although I still do that from time to time. My recent investments in both Seesmic and twitter are a reflection of this.

During the past couple of years, my core focus has shifted from making investments in companies and their mission to making investments in people and their vision. And I focus on what I consider “early-early stage” opportunities.

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Back From Stockholm Geek Meet

Posted in events, pics, recruiting, startups on April 28, 2008 by chrisco

Just time for a quick Monday morning post.

After connecting with some startup folks and developers in Stockholm, I booked a last-minute trip to one of their Geek Meet events. It was great. Looked like about 50 people in attendance. I only got a chance to meet and talk with a few of them, but made some good contacts, including the event organizer, a couple of lead developers for Swedish Web 2.0 startups, some designers, front-end programmers, and others.

Looking forward to staying in touch and expanding the circle. It’s a great community. So different than the cut-throat “Wall Street world” I swam in after business school. Very refreshing. If you’re involved in it, I guess you already know, but it’s new to me and I’ve been hooked ever since getting my first taste a few weeks ago in Amsterdam.

A few more Geek Meet pics are below. The entire Stockholm photo set is on my personal blog, chrisco.us.

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Google’s Top 10 Design Guidelines

Posted in buzzpal philosophy, other people's blogs on April 27, 2008 by chrisco

March 21, 2008
googlesystem.blogspot.com

1. Useful: focus on people – their lives, their work, their dreams.
2. Fast: every millisecond counts.
3. Simple: simplicity is powerful.
4. Engaging: engage beginners and attract experts.
5. Innovative: dare to be innovative.

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The Golden Rule of Startup Success

Posted in buzzpal philosophy, other people's blogs, startups on April 23, 2008 by chrisco

Excellent reminder from Matt Douglas, CEO of MyPunchBowl.com.

March 14, 2008
CenterNetworks.com

DON’T GIVE UP.

Don’t give up: when you’re all alone at the beginning, trying to figure out if there is a market for your product.

Don’t give up: when all you have is a Powerpoint presentation and a vision.

Don’t give up: when you struggle to explain what exactly it is you are working on (chances are you’re not even really sure yet yourself).

Don’t give up: when you can’t find people to take a risk with you, to join you at the infancy stage of your startup.

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Tiny Projects Keep It New

Posted in buzzpal philosophy, other people's blogs on April 19, 2008 by chrisco

Another reason why small goals that are achievable quickly are good. It’s really just basic psychology–and it works! This principal applies not only to the startup team, but also to the customer experience. Break it down for people. Keep it simple. Give them a series of small victories instead of one “big” victory at the end. People like the former and bail on the latter. Again, just basic psychology.

March 12, 2008
Tiny Projects Keep It New
By Jason at 37signals.com

When do we do our best work? When we’re excited about something. Excitement morphs into motivation. We do our best work when we’re motivated. A great way to stay motivated is to work on something new. No one likes being stuck on a project that never seems to end.

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Some Good Quotes and Links to the Original Blogs

Posted in articles, buzzpal philosophy, other people's blogs, startups, venture capital on April 11, 2008 by chrisco

From Founder Story: Dave Stubenvoll of Wowza Media Systems

  • [W]ith WOWZA, launch was sort of a crazy thing for us. We basically started the company because we wanted to explore the possibilities for new applications that emerging media technologies enabled.
  • [T]here are basically three sources of new businesses: large businesses creating new businesses, venture backed startups, and the crazy entrepreneur. What was surprising was that you get the greatest returns from the crazy entrepreneur hitting it big. Large businesses only invest in other businesses that are guaranteed to be large: think about Toyota investing billions to develop and introduce a new car. Venture capitalists invest millions in a startup but only if they believe their return is going to be large: they have to see a billion dollar market from the beginning. With so much money at stake they can’t take large risks.

From Why Startups Fail: Run Out Of Cash, Run Out Of Commitment

  • We continue to evolve both our marketing and the product. Our focus is on three things; market development, product development, and organizational development. We are finding that if you take an evolutionary approach to organizing yourself to ensure survival, performing enough trials so that no one mistake can kill you, you get stronger.
  • [A] bootstrapped startup might not have a large influx of cash, but might actually have more time to figure things out.

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Domain Name Licensing Opportunity

Posted in domain names on April 11, 2008 by chrisco

More of a domaining post than a BuzzPal one, but anyway, since BuzzPal’s founder owns hundreds of domain names, might as well:

Last night I got an email from my GoDaddy account executive. She was asking for “domains in the following verticals that you would consider leasing? loan, debt settlement and debt relief verticals. I think they would prefer .com.”

So I wondered why these names, why now.

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