Make Them Earn It
Top founders know a secret when it comes to hiring and fundraising: give prospective employees and investors homework and make them earn it.
Life is a constant A/B test
Every startup is a unique microcosm. Investors who think they can pattern match every new portfolio company are mistaken. Founders who believe they can insert an old formula that worked in a previously successful company they ran or were involved with may run into trouble.
People. Product. Potential.
Investing in early stage companies is hard. Firm criteria for making good investments shouldn’t be. Every investor has a different flavor of how he or she invests. We like to keep it simple at Promus Ventures and focus on basic blocking and tackling.
Accelerators: Release the Hounds!
I am hard pressed to find one reason why this staggering growth is a bad thing. The world is rapidly building these fantastic mini-ecosystems that serve as on-ramps to the Startupalooza Highway.