clear path

VC Explains Why A Founder’s Initial Idea Often Doesn’t Matter At All

Source: http://www.businessinsider.com/vc-explains-why-a-founders-initial-idea-often-doesnt-matter-at-all-2012-6

laura sacharInvestor Laura Sachar says she can spot entrepreneurs who have ideas, but don’t know how to execute them.

Sachar, general partner and founder of StarVest Partners, has been involved in early stage companies since the mid-’90s. She shared her insights on a panel at Business Insider’s Startup 2012 conference:

Sachar focuses on people in the early stage, because it’s about the belief that the person can figure out what to do with the business to make it successful.

Often, the initial idea is not how the company succeeds and drives revenue,” says Sachar. “Focusing on the people first, and a belief that they can develop attractive ideas and move from there, makes sense.”

There needs to be a clear path that shows that the person can turn the idea into something real.

“If you can’t execute, you don’t have a company,” she says. “A lot of people have ideas.”

Nowadays, companies don’t need as much money to get momentum. She suggests that you take more money than you think you need (if it’s available), because so many investors are looking for the companies that are gaining tons of velocity in the early going. By having that money, you have more resources to pull that off.

NOW SEE: 10 VCs And Founders Give Their Best Advice For Raising Money >

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Monday, June 18th, 2012 news No Comments

Yelp’s Difficult Path To Profitability (YELP)

Source: http://www.businessinsider.com/chart-of-the-day-yelps-difficult-path-to-profitability-2012-3


Yelp finally made its debut as a publicly-traded company today. It’s trading well above its IPO price of $15, ending the day at $24.58.

But Yelp faces a difficult path to becoming a profitable company. For now, the company has no clear path to profitability, according to Business Insider Intelligence research.

sai chart of the day, yelp financial, march 2012

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Friday, March 2nd, 2012 news No Comments

A sure sign Facebook’s already in trouble – meteoric rise and meteoric fall coming

Facebook Suicide is on the rise (people leaving Facebook and not coming back)

Source: http://www.businessinsider.com/well-these-new-zuckerberg-ims-wont-help-facebooks-privacy-problems-2010-5

According to SAI sources, the following exchange is between a 19-year-old Mark Zuckerberg and a friend shortly after Mark launched The Facebook in his dorm room:

Zuck: Yeah so if you ever need info about anyone at Harvard

Zuck: Just ask.

Zuck: I have over 4,000 emails, pictures, addresses, SNS

[Redacted Friend’s Name]: What? How’d you manage that one?

Zuck: People just submitted it.

Zuck: I don’t know why.

Zuck: They “trust me”

Zuck: Dumb fucks.

Source: http://gizmodo.com/5537408/the-devolution-of-facebook-privacy

Google Suggest — top searches starting with “how do i… “

Ecosystem of Apps for Facebook is already overtaken by iPad Apps as evidenced by search volume around the 3 terms.

NYTimes: chart of Facebook Privacy Options – too complex for most people to figure out and use appropriately.

Source: http://www.businessinsider.com/what-diaspora-should-do-with-their-newfound-fkyoufacebook-money-2010-5#ixzz0oFA1oSKT

Charlie O’Donnell: “By the time of this post is done, Diaspora, the web decentralization play from four NYU/Courant students in New York, will undoubtedly have $100,000 raised on Kickstarter.  Over and above that, it seems like they’re on a clear path towards a million dollars.  Think I’m poking the bear?  I’m dead serious.  You watch.  A week from now, they get to seven digits.  Why?  Because the ire over Facebook’s privacy issues, platform aggression, etc. is real.  If you’re concerned about Facebook, these guys are your heroes.”

AdAge Poll from May 19, 2010.


My Previous article:  Facebook is going down in unique users, visits, and time spent

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Monday, May 17th, 2010 digital 1 Comment

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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