Startups live and die by the new hire. The marginal impact of a new hire decreases as the total number of employees increases, so young companies experience incredible volatility with good and bad hires. A startup's first few employees will largely determine whether or not the company reaches its growth potential. How do you make good hires? … Continue reading Aligning Motivations
Is Your Startup Idea Good, Bad, or Ugly?
The other day, I saw an advertisement for an on-demand dog walking service. Not to offend the founders, investors, or fans of Rover the on-demand dog walking service, but the idea seemed preposterous to me. Does this count as innovation? Is Rover actually a technology startup? Do people realize that tacking an "on-demand" onto the … Continue reading Is Your Startup Idea Good, Bad, or Ugly?