Three years ago I embarked on what, so far, has turned out to be the best job of my career. I am not just saying it, this is actually true—running the Techstars New York City program and working at Techstars has been the best, most humbling job I’ve ever had. Here is what I have learned […]

I am a fan of having a formal board right after the company raises seed financing. I’ve seen how helpful the boards are and how lost and disadvantaged the founders can often be without the board. To put it simply, a good early-stage board helps the CEO identify key future milestones, and helps achieve them. […]

We are delighted to introduce 15 Startups that are finishing our Summer 2016 Program today. As with our previous classes, this was a diverse group of founders solving a wide range of problems. In addition to 6 teams from NYC we had teams from Rochester, Atlanta, San Francisco, two teams from Philadelphia, a team from UK, […]

When founders get connected to investors, they are often asked to send the deck ahead of the meeting. We’ve written here why sending the decks, especially before the first meeting, is generally not a good idea. Startup founders cannot be defined by their decks. The main issue with a pitch deck is that it is […]

Last week we wrote about questions that investors ask founders during investor meetings. This week we are turning the tables and talking about questions that founders need to ask investors. Most founders spend little time asking investors questions, and that’s too bad. First of all, good investors love it when you ask them questions, because it […]

We’ve written a lot here about fundraising and how it is a complicated, and at times, confusing process. To fundraise effectively you need to prepare and have a strategy, understand different types of investors, understand how much to raise, and create a solid investor pipeline. We have also talked about a fundraising deck, and how to go about putting one together. […]

I am a big fan of A16Z podcasts, and they just released a terrific episode on Network Effect. Network effect is an important, and somewhat confusing topic. The reason network effect is important is that the businesses with a true network effect are highly defensible, have strong retention and engagement, exhibit characteristics of a monopoly, and tend to last for […]

Last year when I turned 43 I wrote an introspective post, and I thought this year I would do the same. Here are some things that I have learned, re-learned, and generally had on my mind as this year comes to a close. This is a long read, and there is no TLDR; – sorry. 1. Balance […]

Time is one of the things we unfortunately can’t get more of. As the amount of information we have to deal with is accelerating, our time seems to be shrinking. Here are 12 ways for giving back, and being respectful of, other people’s time: 1. Schedule shorter calls and meetings We have written here before […]

I rarely post product reviews on this blog, but today I am going to make an exception. Sailo (Techstars ’15) makes it easy to rent a boat. Today they rolled out a visual calculator that helps people decide when it makes sense to rent a boat vs. to buy it. This project has been going on […]