Friday, April 15, 2011

Nuggets From The Paulson Auditorium

SOUTHERN SWEET CORN NUGGETSImage by aJ GAZMEN ツ GucciBeaR via FlickrStartUp Week: Final Event: Biggest Event?

- 2005, there were very few blogs around.
- Vin Vacanti has a great blog.
- Fred Wilson, Mark Suster, Chris Dixon, Brad Feld.
- Josh Auerbach: "All my knowledge comes from blogs."
- It is easy to do market research.
- The lean startup movement.
- You will be amazed by how many people are willing to talk to you.
- The best way to build a business is without any investment money.
- We don't do NDAs. We will laugh at you if you ask.
- Outsourcing is not an option.
- If your proposal is outside the thesis of a VC firm, you are not going anywhere.
- Talk to people. Engage with people at their blogs.
- Cool. Uncool. Cool again.
- Chris Dixon: "1/3rd of my companies are profitable with seed money."
- You have to be active online.
- You have to blog. You have to tweet. This is the number one piece of advice. You are not going anywhere in tech without these.
- Internships with big brand name companies are overrated.
- Entrepreneurs - it's a personality type.
- If you send a form email, you will get a form response.
- Show me that you put some work into that email. You read up on me.
- No investor will read a business plan.
- You and your team.
- What all could go wrong? What can I do to mitigate? Put down in writing.
- Build your relationship with investors over a period of time.

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