Zitat des Tages über Anlaufen / Startup:
I got really excited about the idea of data-driven startup just as I was starting Kaggle.
In the startup world, 'not working' is normal.
The American Dream is still alive out there, and hard work will get you there. You don't necessarily need to have an Ivy League education or to have millions of dollars startup money. It can be done with an idea, hard work and determination.
Key is the question of where do new ideas come from. Historically, four places: government labs, big corporations, startup companies, and research universities.
Properly defined, a startup is the largest group of people you can convince of a plan to build a different future.
Working on a startup is a balancing act: being crazy enough to believe your idea can take off but not crazy enough to miss the signs when it's clearly not going to.
Too many people go into existing organizations and define success as recreating what is there. To be successful as a startup organization within a large, established culture, you really need to think about how you leverage the assets that are there.
Sometimes, the startup game works in your favor just because you got in at the right time and right environment. Other times, you're a little too late entering an already crowded space. But startups with strong fundamentals withstand external conditions and come out ahead in good or bad times.
The life of a startup is full of ups and downs, an emotional roller coaster ride that you can't quite imagine if you've spent your whole career in a corporation.
The answers to all a startup's challenges are out there. By setting up the right mechanisms for gathering feedback, the road to success can be a less bumpy ride.
As great as you believe your new product or company is, the world got along just fine without you. The greatest competition every startup faces is convincing consumers that there is a better solution to the problems that vex them.
Founding a successful startup is no different than forming a rock band.
There are so many similarities between a startup venture and a political campaign - the rhythm, the tempo, the hours, the intensity.
The median startup is a business that's capitalized with about $25,000. The financing of that business comes from the entrepreneur's savings. The business is a retail or personal service business, a hair salon or a clothing store, that kind of thing.
What's crucial is to never get stuck. Making hard decisions is such an important part of being a startup in order to keep moving forward.
Everybody who goes into government gets somewhat chewed up in the process. Being a senior appointee is like being at a startup, only more so: You run into opposition from the entrenched oligopoly of contractors whose business model is to extract as much money from government as possible for doing as little as possible.
The economic costs of starting your own business can be significant; in fact, most new startup companies fail because of undercapitalization.
I think that's exactly what Silicon Valley was all about in those days. Let's do a startup in our parents' garage and try to create a business.
If you're a small startup considering selling your company, there's definitely far worse places to work than Facebook.
I basically apply with my teams the lean startup principles I used in the private sector - go into Silicon Valley mode, work at startup speed, and attack, doing things in short amounts of time with extremely limited resources.
The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses, and agile engineering to build minimum viable products.
Valuations are actually quite simple to grasp. A company is only worth what two acquirers are willing to pay for it. Don't you just need to find that one buyer? If there is only one potential company interested in buying your startup, chances are you won't be hearing the word 'billion' in the offer.
Big companies are often in the process of laying off workers. Small startup companies are the ones that are hiring. The statistics prove that's where job growth is going to occur.
About 10 million people start a business each year, and about one out of two will make it. The average entrepreneur is often on his or her third startup.
If you have a startup that's keeping it up at night because you think it's so great, then you should do that.
As a serial entrepreneur, angel investor and public company CEO, nothing irks me more than when a startup founder talks about wanting to cash in with an initial public offering.
The right algorithm is to put off seeking funds for as long as physically possible. And in an ideal world, a startup would never have to seek funds at all.
I may have managed to build a successful technology startup that had gone public by the time my three kids hit their 13th birthdays, but don't think that bought my wife and me any special respect from our teenagers.
America is an unsolvable problem: a nation divided and deeply in hate with itself. If it was a startup, we'd understand how unfixable the situation is; most of us would leave for a fresh start, and the company would fall apart. America is MySpace.
Separation, I think, in an early-stage company or a startup environment is not a good thing. You need to basically live and breathe the entire environment.
In the startup world, you're either a genius or an idiot. You're never just an ordinary guy trying to get through the day.
Working at a startup to make a lot of money was never a thing, and that's why I decided to just finish up school. That was way more important for me.
There is never a time in a company's history when cost control can be relegated to the back burner, but for a startup company, keeping costs low is a vital necessity.
That's a problem. I mean, like any sort of growing startup organization, we are sort of overwhelmed by our growth. And that means we're getting enormous quantity of whistleblower disclosures of a very high caliber, but don't have enough people to actually process and vet this information.
When I left my job at Lehman Brothers to start a company, my best friend's mother said, 'How could you leave a sure thing like Lehman to do a silly carpool startup?' That was three months before Lehman went bankrupt.
Every startup should address a real and demonstrated need in the world - if you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
