How Do You Build An Innovative Startup?

James Carville, Bill Clinton’s chief strategist when Clinton ran for president in 1992 famously described their pitch to voters in one simple phrase, “It’s the economy, stupid.” Clinton and Carville’s relentless focus on the economy. Clinton’s opponent, President George Bush, didn’t focus on the economy and he paid the price, losing to Clinton. [Do you…

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Who’s The Right Person To Be CEO?

“I’d like you to be the CEO of the company,” “Ray” said to me. We were meeting for the first time outside of a Starbucks in Los Altos, CA. Do you want to grow your business? Maybe I can help. Click here. Ray had spent the previous thirty minutes explaining what his company was going…

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How Do You Prepare To Pitch Investors?

“You made things a lot easier for me,” Jim said to me, shaking my hand. My co-founder and VP Engineering, Jeroen, and I had flown to Boston to pitch Jim and his partners, and Jim’s reaction indicated the meeting went well. Do you want to grow your business? Maybe I can help. Click here. “That’s…

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What’s The Wrong Way To Think About Equity?

Years ago, I was introduced to the two co-founders of a fledgling semiconductor company. I have an affinity for companies in the space, so I agreed to talk with them. Do you want to grow your business? Maybe I can help. Click here. The two co-founders told me they had no funding, and they were…

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What’s The Right Number Of Co-founders?

The most successful startup I’m currently involved with is now worth well over $2 billion. They’re raising another $300 million as we speak, and they’ll likely be worth around $4 billion when the round closes. The company had one founder, “Ray.” [Do you want to grow your business? Maybe I can help. Click here.] The…

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How Much Money Should You Raise?

“We should be raising a $6 million round, not $12 million,” “Randy”, my co-founder, said to me. In fact, Randy was so pissed at the terms of our funding that he was threatening to quit. Do you want to grow your business? Maybe I can help. Click here. “Let’s meet, so I can walk you…

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What Are The 7 Misconceptions About Being A CEO?

“Okay,” I said to the group assembled in our large conference room, “We are the launch team for our first product.” The team consisted of Adolfo, my co-founder and VP Marketing, Shoba, our Test Engineering Director, Dave, our Manufacturing Director, and Mary, our Public Relations consultant. [Do you want to grow your business? Maybe I…

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What’s The Behavior You Can’t Have As A Founder?

“I don’t know if I can do this anymore,” “Serge”, the CEO of a struggling startup, said to me. “I think I’m going to give up.” Do you want to grow your business? Maybe I can help. Click here. “What?” I responded. Serge’s capitulation said didn’t register on me. It was foreign to my way…

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How Should You Manage Your Stock Option Plan?

“I was expecting an offer of three percent,” Joe said to me. I’d been recruiting Joe since before we got our funding, and, now, two years after we closed our funding, we had offered Joe 0.75% stock options to become a Senior Scientist. [Do you want to grow your business? Maybe I can help. Click…

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Who You Should Never Add As A Co-Founder?

“I just bought a unit in new The Millennium building, up in the City,” my co-founder, “Ken”, said to me. “You should check it out!” Do you want to grow your business? Maybe I can help. Click here. “Really,” I said. “I thought you were going to buy a house on the peninsula, closer to…

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