The Startup Term Sheet Explained In Detail
Jason Mendelson and Brad Feld wrote a really detailed series of posts describing the ins and outs of the startup venture financing term sheets. The posts were written already three years ago, but Feld has revisited them and come to the same conclusion as I did, that the information is still valid, although some references to 24 might seem old.
It’s definitely worth the effort to go through the 26 articles if you are interested in term sheets and startup financing in general. I personally learned a lot from the first ones I have had the time to read.
[Via Texas Startup Blog]
The Key To Succesful Startup PR: Build Trust Before You Need It
Brian Solis wrote a profound article on TechCrunch called PR Secrets for Startups. He lists many good tips all startups should know about public relations, including Understand You’re Not the Only Story in Town, Don’t Launch on Mondays and Measure Success, Not Traffic.
Many of his advice are very important for startups, where ever they are coming from. Solis writes about the role of the founder in attending and creating conversations and making contacts all the time.
As Solis points out, blogging is one natural way for a founder to get into the conversation. He should comment on other blogs and write articles that link back to his own or company blog. He should of course make contacts with journalists and bloggers at conferences and other networking events. Most importantly, and I can’t stress this enough, contacts should be made and the reputation built before they are needed.
One good example of Finnish startups that are active commentators on blogs and have a good blog of their own are they guys of Scred. I see their comments often at places like TechCrunch and Arctic Startup. But I believe that they could be even more active in their own blog. Other Finnish startups should definitely do the same.
36+ Tips For Startups
Read/WriteWeb’s Alex Iskold has constructed a great article 36 Startup Tips: From Software Engineering to PR and More!. It covers the most important topics and is must read for anyone interested in startups.
Here are also some other resources for startups I’ve come across lately: Read more…
Making Money Blogging Tips – mostly useless or dishonest
Making money blogging is the modern way to get yourself an easy income by doing basically nothing. At least that’s something I’ve come across lately when I’ve been surfing the blogosphere looking for tips and information on blogging: how to produce good content, traffic and link building, blogging communities and also tips how to make money blogging.
Money making tips usually fall into to different categories
- Useless: “Get your self a blog from Blogger or WordPress and get Google Adsense running, and your instantly making huge piles of money.”
- Outright dishonest: I’m not talking about linkbaiting or getting as many backlinks as possible here. I’m talking about tips that may not be illegal but at least immoral.
These tips appeal to your laziness or to the fact that most people are not up to producing quality content by giving you a “secret” easy way out. Read more…
The Pmarca Guide to Startups
Marc Andreessen’s The Pmarca Guide to Startups is a very good guide addressing the issues a high-tech startup founder will be facing.
- Part 1: Why not to do a startup
- part 2: When the VCs say “no”
- part 3: “But I don’t know any VCs!”
- part 4: The only thing that matters
- part 5: The Moby Dick theory of big companies
- part 6: How much funding is too little? Too much?
- part 7: Why a startup’s initial business plan doesn’t matter that much
- part 8: Hiring, managing, promoting, and firing executives
- part 9: How to hire a professional CEO
The post are quite long (except the last one), but comprehensive. Definitely a must for any wannabe-founder like me.
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