Recently employers have begun asking job applicants for Facebook passwords under the assumption the social networking site will reveal the real story of who they are. We are not convinced.
You are browsing the archive for MerchantCircle - peHUB.
Tony Scott, Ben Smith: So They’ve Offered You The CEO’s Job. Here’s What You Need To Know Before Jumping With Joy
Senior executive changes are happening with increasing frequency in today’s vibrant technology market. Seasoned managers move from one early-stage company to another, and from established companies and venture firms into the startup world. Some of the savviest new-gen Web companies recruit directly from brand name consumer and media outfits.
Communities can be among a company’s most potent marketing assets, yet among the most difficult to manage. People say they want one without knowing how to build it, exactly why it is valuable or the lengths they need to go to protect it.
Mark Zuckerberg famously commented that a great engineer is worth a 100 average engineers (something every developer knows deep in her heart). He was talking about A-players, and in our opinion the worst thing any startup can do is accept less than the best and brightest.
The key to success in business is execution, whether you run a sprawling multinational or a 12-person startup. So measuring how your company stacks up against the best and brightest in your space is crucial. If you are a seed or early stage company executive, you know the following: Sooner is better than better. This [...]
Doug Kilponen, Ben Smith: First They Ignore You, Then They Want To Buy You: Managing The Startup-Big Company Relationship
Every entrepreneur has met them. Big company executives with big company swagger. They ignore you. They dismiss the business problem you spent your life solving. They think they can crush you. Then the tables turn. They push for strategic relationships. They want to give you money, frequently at irrationally high valuations. Finally they shell out [...]
With all their resources and talent, why do big companies have trouble innovating? How can a Blekko exist when there is a Google? Or a Tapulous when there is an Electronic Arts? Even more puzzling, why couldn’t Yahoo create Facebook with Yahoo 360 instead of losing out to a 20-year-old kid from Harvard? A lot [...]
One of the biggest misconceptions in technology is that small acquisitions are less risky and require less attention than large ones. It is not true. When Reply bought my company, MerchantCircle, in May it put several of my top execs in key financial and legal roles. The move was a clever way to bridge the [...]
Internet startups have been getting cheaper to build for 10 years. So why is it more important than ever not to run out of cash? We built MerchantCircle into one of the 100 most trafficked U.S. sites and I honestly never remember signing a purchase order for more than $10,000. But that doesn’t mean we [...]
I heard two things recently. “Silicon Valley is a multi-inning game, relationships matter.“ And. “I am all business, I don’t care about relationships.” The first statement came from a seasoned venture capitalist with 20 years of experience. His point is relationships matter because you play with the same people over and over again. The second [...]