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Joel Liu's Library tagged startups   View Popular

29 Nov 09

Why you should build an application (even if it already exists)

  • Well done post. You could find a reason not to do anything. Google? Check out the search engines that already exist and own the space. Apple? No one wants a computer for personal use. Dropbox? File storage has been done and no margins. Twitter? 140 characters is worthless. Vizio? Enough TVs exist. YCombinator? WTF are you going to do with $15k.
    I could go on and on and on. Seriously, just fucking build it. If for some odd reason NOTHING at all exists like what you're doing, a competitor will come along that does. There is nothing and I mean nothing that a smart team of 20 somethings can't build nowadays. At worst, you'll have something that you, yourself love. That's the key to all of this: Build something YOU want, then adapt it so it works for a broader range of people if need be. If the tshirt for getting accepted to ycombinator is: build something people want and the tshirt for getting acquired is: i built something people want, the tshirt for getting asked to interview/demo should be: i built something I wanted.
13 Sep 09

Paul Buchheit: Evaluating risk and opportunity (as a human)

  • When advising on startups, I often tell people that they should start with the assumption that the startup will fail and all of their equity will become worthless. Many people have a hard time accepting that fact, and say that they would be unable to stay motivated if they believed such a thing. It seems unfortunate that these people feel the need to lie to themselves in order to stay motivated, but recently I realized that I'm just using a different method of evaluating risks and opportunities.

    Instead of asking, "What's the most likely outcome?", I like to ask "What's the worst that could happen?" and "Could it be awesome?". Essentially, instead of evaluating the median outcome, I like to look at the 0.01 percentile and 95th percentile outcomes. In the case of a startup, the worst case outcome is generally that you will lose your entire investment (but learn a lot), and the best case is that you make a large pile of money, create something cool, and learn a lot. (see "Why I'd rather be wrong" for more on this)

Linkedin创始人霍夫曼:成功的三个秘诀(图)_互联网_科技时代_新浪网

  • 3、别做完美主义者



      我经常对互联网企业家说,“如果你总是对产品吹毛求疵,那么你的产品肯定已经推出的太晚了。”作为一家企业,你有必要尽快推出产品,和消费者进行沟通,了解他们的意见反馈。这有助于指引你的发展

26 Jul 09

6 reasons why my VC funded startup did fail | Code Monkeyism

    • During the dot com boom I founded a software startup with some friends - with me as the CTO. We developed a software for knowledge management. It was a combination of blogs, wikis, a document management system, link managment, skill managment and more. We started in 1999 which was quite early for wikis and blogs (Moveable Type was announced 2001). The link management system was essentialy the same as Delicious later. Beside all those new ideas (for 1999 at least) there were three great features:


      • Everything could be tagged. Skills, people, links, documents, blog posts, wikis, something which is today called folksonomies. Tags could refer to other tags to form onthologies. Tags could link to other documents, blog posts, persons.
      • Everything could be rated from 1 to 5
      • We had a clever fuzzy search based on tags and ratings. Searching for “people with oracle knowledge” would also reveal experts for SQL Server - for example to stuff your project if an Oracle guru wasn’t available
    • So the most important thing is to sell - a fact lots of startups forget. And we did too. After much thought it comes down to these six reasons why we failed (beside the obvious one that the VC market imploded when we needed money and noone was able to get any funding):



      1. We didn’t sell anything
      2. We didn’t sell anything
      3. We didn’t sell anything
      4. The market window was not yet open
      5. We focused too much on technology
      6. We had the wrong business model
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11 Jul 09

An Interview with Mark Fletcher, Founder of Bloglines and ONEList — TechDrawl

  • The most interesting part of the interview was when Mark described how his first startup took off very quickly, once he arrived at a solid concept.  Mark created ONEList and it took off overnight because it solved a fundamental pain many people were experiencing.  Making mailing lists at the time was a painful process, and ONEList made it easy.  Bloglines was another good idea because it solved a problem Mark personally was experiencing, how to keep up with the many blogs he read.  Furthermore, Mark leveraged the marketing and PR relationships he had built at ONEList to get press for Bloglines which spurred their growth.

Lessons Learned: 10 years of entrepreneurship

  • One thing really stands out to me today. I wasted a lot of energy, time, and passion on trend-spotting and trying to compare my success with others. Is it really worthwhile spending time and money trying to impress each other with our supposed successes, especially in a business where real feedback can take five or ten years? We go to mixers, buy fancy offices, focus on PR, and try to one-up each other. I think it's wasteful. Instead, let's focus on building companies that matter, on creating real value for customers, and learning. In time, success will come. And if it doesn't, at least you'll have spent your time doing something intrinsically worthwhile.
    • Shut up! Announcing your plans makes you less motivated to accomplish them. http://sivers.org/zipit - on 2009-07-10
    Add Sticky Note
  • In the meantime, don't worry if you can't spot the trends. Neither can the rest of us (well, except for Matt Cohler).
27 Jun 09

Is Execution More Important than Vision?

  • A few years ago, Max Levchin—of PayPal and Slide fame— told me there were two kinds of entrepreneurs in Silicon Valley: Those who work tirelessly and are great at execution, and those who are visionary and truly create new ideas—and sometimes new markets. Levchin put himself in the former category. Indeed, a lot of Slide’s success has just been the result of doing a better job ripping off ideas from competitors like RockYou. He put Evan Williams of Blogger and Twitter in the latter. At the time, Twitter was only a techy phenomenon, but Max noted that unlike a lot of other Web 2.0 companies, Twitter was one of the only ones doing something untested and new.
  • But—as Levchin no doubt knew when he made this point—the visionary is usually the one that gets the shaft in Silicon Valley.


    Napster changed the music world, but it was iTunes that profited off of it. Google was one of the last companies in the Internet bubble to try their hand at building a search engine—and was laughed out of some VCs’ offices as a result. Palm pioneered the smart phone, not Blackberry. And Friendster was the social network pioneer before Mark Zuckerberg even entered college.

25 Jun 09

创业家杂志:美国没史玉柱 中国没乔布斯_互联网_科技时代_新浪网

  • 两人都是执著的完美主义者,都能把一个产品做到惊天地泣鬼神。卖了10年的脑白金仍是中国最畅销的保健品,而iPod则占据了数字音乐播放器市场的70%。此外,两人还是洞悉人性的营销天才,只不过一个靠发掘人性的美好赚钱,而另一个利用人性的弱点来抢金。



      曾经有那么一段时间,史玉柱看起来就要成为中国的“乔布斯”。从1989年起,他每一年都要推出一款自主开发的产品,从M-6401桌面排版软件、M-6402文字处理软件到巨人汉卡,再到巨人中文手写电脑、巨人财务软件等等。巨人飞快地成长为一个年产值10亿、利润数千万的高科技集团公司,其年度销售商大会更成为全国规模最大的电脑盛会。



      几乎与此同时,乔布斯只剩下几千万美元的现金,和两个面临着裁员重组的问题公司,他完全可能成为美国版的“史玉柱”,比如在加州搞房地产,去拉斯维加斯开赌场,到中东倒腾石油。但他什么都没有干,只是继续掏自己和别人的腰包来支持两个长期赔钱的公司,固执地等着它们出现转机。

  •  他彻底放弃了珠海时期的企业文化“做中国的IBM”,“这是非常害人的一个空想,制定了一个很虚的目标。新的文化很直白:“说到做到、只认功劳、严己宽人、敢担责任、艰苦奋斗。”这是在黄山太平湖,柳传志教给他的。
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17 Jun 09

Tips on Innovation & Entrepreneurship From Jeff Bezos

Listening to Jeff Bezos, founder and chief executive officer of Amazon (s AMZN), is like going to startup school where ...

gigaom.com/...terprenuership-from-jeff-bezos - Preview

startups

12 Jun 09

2009英雄会后记:最出彩是创业 最关注是产品 最可惜是创富 - 日志 - 蒋涛 - 5G/五季网络

  • 4月18日的2009英雄会结束了,已经举办第4次了,我们的主题还是“创新,创业,创富”。
    开场我作了一个简短演讲,主要是近期体会,我们正在经历一场有史以来最重要的技术变革,
    从PC平台将迁移到phone平台,互联网从文本为主到图像,视屏为主,应用将进入云计算和服务时代。
  • 1)电梯演讲和创新技术展示的绝大多数人演讲技巧亟待提高,如何在相对短的时间里面把自己产品和技术的优势展示出来,如何吸引用户和投资者,这在以后会越来越重要。糖果的唐爱平是典型,很容易陷入讲解技术细节和全面分析,而短时间的演讲听众其实不可能理解这么多,重要是讲清楚你能做什么?你的产品和技术如何帮助我们解决问题?然后演示出来给我们看,有清楚的数字或者生动展示就非常好。
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英雄会创业论坛梁宁主持手记-初创业2人,天才少年2人,成功2人

  • 1.我的创业从廉租房开始,迅雷每天都是工作区中最后熄灯的公司;
    2.我们现在正在做的事是互联网中最苦力的活数据搬运;
    3.有些事有些流氓手段可以想但不可以做,那样只会赢得一场战斗,却会失掉整场战役(回顾与竞争对手的竞争);
    4.技术本身很重要,但如果不能商业化就没有价值;
11 Jun 09

Two types users, why your startup should pay attention

  • Regardless, I want to touch on something: Cohort Analysis and one specific way that web companies today need to think about it. In most user centric web companies, they have at least two types of users: new users and power users. How these two types of users function is very different and it’s a mistake to neglect either one at certain stages of your business.
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