Weekly Reading‘s are a series of blog posts highlighting the best pieces of content I’ve read or listened to during the week. Give me feedback if you enjoy it. And suggestions if you don’t. Just to make it better for other guys.
This week there’s been lots of talk about the winter in funding. Like any other week. But perhaps it’s still not coming after all?
Best bought of this week
- Bulldog Gin – Fair priced gin that tastes great.
- Glitch Mob (thanks to Tim) – They’re great to listen to, while writing or trying to concentrate on something else.
- Matt Mullenweg on Polyphasic Sleep, Tequila, and Building Billion-Dollar Companies. Matt is most associated with a tool that powers more than 22% of the entire web: WordPress. He’s also the CEO of Automattic, which is valued at $1-billion+ and has a fully distributed team of 300+ employees around the world.
Building your secret
- Finding Billion Dollar Secrets. In his wonderful book, Zero to One, Thiel urges to hunt for secrets. Not build yet another “Uber for Massages”. But how to find this secret? Here’s an answer.
- The Next Amazon (Or Apple, Or GE) Is Probably Failing Right Now. What can you learn from Amazon, The Everything Store?
- Building to Independence on Top of Other Platforms. Founders shouldn’t be afraid of building on top of other platforms. They just need to think about how to thread the needle on their path to building an enduring company.
- A Simple Framework For Building A Growth Machine. On order for a new startup to grow, create a company-wide growth plan. Get ideas from everyone. Rank ’em. And test ’em.
- What Investors Are Looking For. 5 Suggestions For Sales Teams. Rethink, what kind of sales team do you need. Know your customer and the long-term game plan.
- Not All Revenue Dollars Are Created Equal. A dollar is a dollar is a dollar, right? Not quite. Last week, we f*cked it up with Shipitwise. We were asked about our revenue. But we talked about the gross profit. Understand the difference!
- Hacking Demo Days. Tips on how to take the most out of demo days.
- Startups are Risk Bundles. How to manage these risks? And what’s the relationship between risk and valuation?
Winter is coming?
- Is The Seed Rally A Dead Cat Bounce? Number of seed stage rounds has gone up this year. Not down as expected. But perhaps it’s just a sign that the winter is coming?
- No signs of a slowdown. European and Israeli tech startups raised a combined €2.6 billion in first two months of 2016. It’s not only happening in the U.S. Why’s that so? Isn’t the winter coming?
- How do VCs decide which tech companies to back? Step-by-step guide on how they think. And what you should do to bring them to your side.
- What Job Titles Mean in VC. And How To Navigate Them. Demystifying some of the elements in this industry. And using this knowledge to your advantage.
- Don’t Take Money from VCs Until You’ve Asked 4 Questions. Not all money is equal. Nor are the VCs. Do your homework. And ask those questions before going to a bed with them.
- 3 Things You Can Do to Make Your Startup Stand Out. There’s a fierce competition. But there’s plenty you can do to make it to the top.
- Startups Need Relationships Before They Ask for Money. If you want money, ask for advice. Build trust before you ask for money. And meet investors when you aren’t raising money.
- Hackathon Be Gone. Amazing projects come out of hackathons, e.g. Garage48 events. However, the process isn’t all that great. Here’s an idea how to make it better. Although, I think there’s still a bubble there – more on that later.
- Confessions Of A VC. Crap – Why I Passed On Uber’s Seed Round. We can only learn from the mistakes we’ve done. Not repeat them. And listen. That’s what this VC will be doing from now on.
- Game Time Decisions (Comic). Entrepreneurship’s a game. That’s the only way to think if you want to survive. And accelerate. So simply rewrite the rules. And win.