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Last night I read Sarah Lacy's excellent post entitled Inside the DNA of the Facebook Mafia. If you haven't read it yet, you should. It not only catalogues many of the excellent startups that have come out of Facebook, but the emerging patterns amongst the bunch. It got me thinking about my own experience at my previous startup, imeem. When I think back on imeem, I always felt that we had an incredible group of fascinating, talented, and ambitious people.
According to Fast Company magazine and a study by MIT, paying people to be creative or productive is often counter productive. The MIT study offered three levels of monetary incentive correlating to the level of success. When the system was tested against menial, mechanical tasks the incentives worked exceptionally well. However, once even even a slight amount of cognition was needed, the larger the reward the worse the participants performed.
Today I’m excited to announce the launch of my latest venture, Connected. Connected is a personal relationship manager that brings your contacts and conversations together in one place. It integrates with Facebook, LinkedIn, Twitter, Gmail, Google Contacts, Google Calendar, and Google Voice to make it easier than ever before to stay on top of your most important relationships.
Have you ever seen a business pitch that was brilliant? Have you ever seen a business pitch that was incredibly interesting, creative and clever yet lacked something and left you wondering “… but why?” All to often early stage entrepreneurs (I’ve definitely been guilty of this) make a crucial mistake. Entrepreneurs of all levels of experience forget once in a while, and forget to ask the market a simple set of questions.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
As a seed stage business, it is often tempting to raise money to give you business a kick start. More money means more options, right? What experts such as Mark Suster believe, as well as myself, is that there is a fine line between enough capital and too much capital. Especially in the seed stage. Think about it this way: Let’s treat the capital as rocket fuel and your business as a rocket.
Throughout the resources available to entrepreneurs, there is an underlying belief. Starting a business with co-founders improves your chances of success. This claim is almost invariably backed up by a statistic around the large percentage of fortune 100 companies being started by 4 or more persons. I’m not here to debate whether starting a business with a co-founder is a good idea.
Throughout the resources available to entrepreneurs, there is an underlying belief. Starting a business with co-founders improves your chances of success. This claim is almost invariably backed up by a statistic around the large percentage of fortune 100 companies being started by 4 or more persons. I’m not here to debate whether starting a business with a co-founder is a good idea.
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