Talent Arbitrage: Potential Over Experience

Semil Shah recently interviewed the always brilliant Keith Rabois. The conversation is wide ranging, but I particular liked Keith’s thoughts on talent: both incentivizing talent and applying talent arbitrage. First, Keith’s mentions his concern that talent is currently too fragmented in Silicon Valley. In order to build a block buster company (like the next Facebook or […]

When Things Don’t Go According To Plan: TechCrunch50

Founders need to be agile, able to adjust in real-time as situations develop. You must also develop thick skin (founder armor) and become extremely comfortable with rejection. One story I have not told before is how Workstreamer was rejected for TechCrunch50 at the last minute. Jason Calacanis himself delivered the bad news But ー getting […]

How To Demo Software For Investors and Customers

I don’t claim to be a demo god, but I have spent a lot time doing demos for for Workstreamer (among other past products) and more recently I have sat through many demos as an angel investor. Below are a few points that might be helpful. Demos are not quite what they used to be. More frequently the […]

The Peter Principle And Startups

The Peter Principle, formulated by Dr. Laurence J. Peter, states “In a hierarchy every employee tends to rise to his level of incompetence.” The gist is that employees of a business or organization are normally promoted to their highest level of personal competence, after which further promotion raises them to a level at which they […]