Month: October 2016

112. Cram Session, Episodes 46-49 (Nick Moran)



Welcome back to TFR for another Cram Session. In these special releases, we have aggregated the takeaways and tips from previous episodes. In this installment, we will be recapping the following episodes:

46. The Must-Have Characteristics of SaaS Startups (Tomasz Tunguz) 47. Entrepreneur-Investor Fit (Peter Wilkins)

48. The Value of...

 

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter  for updates and more information.

Investor Stories 52: What’s Next (Draper, Ramsinghani, Parker)



On this special segment of The Full Ratchet, the following Investors are featured:

-Ben Einstein -Ezra Galston & Stuart Larkins -David Cowan

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

 

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter  for updates and more information.

Global Expansion: 8 Tips to Make Your Next Acqui-Hire Successful


This post is by Philippe Botteri from Cracking The Code



As an investor, I’ve sat on both sides of the table in more than a dozen acqui-hire situations. Companies that successfullyleverage acqui-hires can save years of work and gain a competitive advantage by adding skilled technical and operational talent, deep local market knowledge and an accelerated time-to-market.

However, not all acqui-hires are created equal, but there are numerous pre-deal considerations to ensure post-deal success. Here are eight tips I’ve learned from the trenches.






Acqui-hire Tip 1: One Vision, Same Values
Both the acquiring and acquired teams need to share the same vision and values. The two teams must work closely and effectively together in order to be successful. “What matters most is the personal and professional fit between the two teams. They should ideally share the same goals, business and company cultures.” (Olivier Bremer, founder of PostoInAuto – acquired by Blablacar)

Acqui-hire Tip 2: Crystal-Clear Roles
Define clear roles at the outset to avoid any misunderstanding or redundancy. This starts by deeply understanding the attributes and behaviors of the other company. Micro-managing a highly entrepreneurial and innovative team, for example, can cause animosity and frustration. Be certain that both parties understand how the acquired executives and employees will fill key roles within the larger organization. Acqui-hires work well when the acquired team continues to run the business or business functions with relative autonomy. “Being clear about the future roles of an acqui-hired team is key to post acqui-hire integration.”  (Piotr Jas, founder of a Polish ride (Read more...)

Global Expansion: 8 Tips to Make Your Next Acqui-Hire Successful


This post is by Philippe Botteri from Cracking The Code



As an investor, I’ve sat on both sides of the table in more than a dozen acqui-hire situations. Companies that successfullyleverage acqui-hires can save years of work and gain a competitive advantage by adding skilled technical and operational talent, deep local market knowledge and an accelerated time-to-market.

However, not all acqui-hires are created equal, but there are numerous pre-deal considerations to ensure post-deal success. Here are eight tips I’ve learned from the trenches.






Acqui-hire Tip 1: One Vision, Same Values
Both the acquiring and acquired teams need to share the same vision and values. The two teams must work closely and effectively together in order to be successful. “What matters most is the personal and professional fit between the two teams. They should ideally share the same goals, business and company cultures.” (Olivier Bremer, founder of PostoInAuto – acquired by Blablacar)

Acqui-hire Tip 2: Crystal-Clear Roles
Define clear roles at the outset to avoid any misunderstanding or redundancy. This starts by deeply understanding the attributes and behaviors of the other company. Micro-managing a highly entrepreneurial and innovative team, for example, can cause animosity and frustration. Be certain that both parties understand how the acquired executives and employees will fill key roles within the larger organization. Acqui-hires work well when the acquired team continues to run the business or business functions with relative autonomy. “Being clear about the future roles of an acqui-hired team is key to post acqui-hire integration.”  (Piotr Jas, founder of a Polish ride (Read more...)

111. Developer Platform Investing, Part 2 (Ethan Kurzweil)



Today we cover Part 2 of Developer Platform Investing with Ethan Kurzweil of Bessemer Venture Partners. In this segment we address: His 8 commandments of building big developer-focused businesses How he uses these commandments while evaluating a startup for investment How he sees the future of developer platforms and what...

 

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter  for updates and more information.

The 2016 Election


This post is by Sam Altman from Sam Altman


I am endorsing Hillary Clinton for president.  I've never endorsed a presidential candidate before, but I'm making an exception this year, because this election is exceptional.  Donald Trump represents an unprecedented threat to America, and voting for Hillary is the best way to defend our country against it.

A Trump presidency would be a disaster for the American economy.  He has no real plan to restore economic growth.

His racist, isolationist policies would divide our country, and American innovation would suffer.  But the man himself is even more dangerous than his policies.  He's erratic, abusive, and prone to fits of rage.

He represents a real threat to the safety of women, minorities, and immigrants, and I believe this reason alone more than disqualifies him to be president.  My godson’s father, who is Mexican by birth and fears being deported or worse, is who convinced me to spend a significant amount of time working on this election at the beginning of this year, when Trump still seemed like an unlikely possibility.

Trump shows little respect for the Constitution, the Republic, or for human decency, and I fear for national security if he becomes our president.

The only two vocal Trump supporters I am close to are Peter Thiel and my grandma.  Peter is a part-time partner at YC, meaning he spends a small fraction of his time advising YC companies, does not have a vote in how YC is run, and in his case waives the equity part-time partners normally get.

(Read more...)

The 2016 Election


This post is by Sam Altman from Sam Altman


I am endorsing Hillary Clinton for president.  I've never endorsed a presidential candidate before, but I'm making an exception this year, because this election is exceptional.  Donald Trump represents an unprecedented threat to America, and voting for Hillary is the best way to defend our country against it.

A Trump presidency would be a disaster for the American economy.  He has no real plan to restore economic growth.

His racist, isolationist policies would divide our country, and American innovation would suffer.  But the man himself is even more dangerous than his policies.  He's erratic, abusive, and prone to fits of rage.

He represents a real threat to the safety of women, minorities, and immigrants, and I believe this reason alone more than disqualifies him to be president.  My godson’s father, who is Mexican by birth and fears being deported or worse, is who convinced me to spend a significant amount of time working on this election at the beginning of this year, when Trump still seemed like an unlikely possibility.

Trump shows little respect for the Constitution, the Republic, or for human decency, and I fear for national security if he becomes our president.

The only two vocal Trump supporters I am close to are Peter Thiel and my grandma.  Peter is a part-time partner at YC, meaning he spends a small fraction of his time advising YC companies, does not have a vote in how YC is run, and in his case waives the equity part-time partners normally get.

(Read more...)

110. Developer Platform Investing, Part 1 (Ethan Kurzweil)



Ethan Kurzweil of Bessemer Venture Partners joins Nick to cover Developer Platform Investing, Part 1. We will address questions including: What it means for a startup to have a developer platform focus Why Ethan has chosen to focus in this area The history of the developer platforms, over the past...

 

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter  for updates and more information.

109. Cram Session, Episodes 41-44 (Nick Moran)



Welcome back to TFR for another Cram Session. In these special releases, we have aggregated the takeaways and tips from previous episodes. In this installment, we will be recapping the following episodes:

41. The Exit (John Huston)

42. Raising a VC Fund (Jonathan Struhl)

43. Why Angels Don’t Do Drugs...

 

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter  for updates and more information.