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3 votes
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MoviePass suspends service for several weeks, citing technical problems and plans to recapitalize company
10 votes -
Elon Musk wanted The Onion; he got Thud
10 votes -
Why education startups do not succeed
6 votes -
Oracle taps blockchain to introduce new revenue streams for startups
7 votes -
Apple acquires self-driving startup Drive.ai, hires dozens of Drive.ai engineers
6 votes -
The I in we - How did WeWork’s Adam Neumann turn office space with “community” into a $47 billion company? Not by sharing.
4 votes -
Silicon Valley's health-tech start-ups need to focus more on medical rigor and less on growth
10 votes -
The once-hot robotics startup Anki is shutting down after raising more than $200 million
7 votes -
The plan to make artificial meteor showers
3 votes -
What if you could diagnose diseases with a tampon?
7 votes -
Many companies like Lyft and Uber are going public without having profits - The last time this was so common was in 2000, right before the dot-com bubble burst
15 votes -
Now your groceries see you, too
6 votes -
“Most startups,” [Dan Lyons] writes, “are terribly managed, half-assed outfits run by buffoons and bozos and frat boys.”
9 votes -
Life lessons from a lifestyle business - An interview with Matt Haughey, founder of MetaFilter
8 votes -
A startup company says it will give people free genome reports if they’re willing to answer detailed questions about their health, drinking habits, and more
5 votes -
Advice for internet startup newbie
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and...
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and accepted to take on the technical/editorial side for a while (I've almost a year til when I start my master's, and will probably work up until when I start my thesis; so almost two years). If things work out, this might be a dream job (except academia) for me, and even very lucrative. But I'm fairly n00b in this space, both business and professional work, though I have the technical skills. Thus I'm seeking general advice on
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how to organise this thing: how to make sure we communicate well on dates and plans and how to make educated guesses when setting up an agenda
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how much will it cost: we'll start with making a database and running a sector-specific blog/news site as publicity (though I'll make sure the content is quite decent, not just a showpiece), but then later we'll introduce a tangential online service and a mobile app leveraging that crowd
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working with non-techies: I'll be the only techie in this startup and I need to help people with gathering, storing, organising and utilising historical data with certain variables, ensuring they keep an accurate record and can make quality queries easily; the 3 people apart from me will be non technical
I think quite a bit of you here have been involved in this sort of scenario, so maybe you could have some advice for me. I'd appreciate anything, examples of approaches, links to tools, what not, anything you think could be useful. Thanks a lot in advance!
13 votes -
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VC folks talk about social media, community, and the failings - includes ex-product head of YouTube
3 votes -
How a Middle East startup took on Uber—and won
5 votes -
Reddit founder Alexis Ohanian has $225 million in fresh funding to back health and elder tech startups
9 votes -
Startups flock to turn young blood into an elixir of youth
7 votes -
The rise of giant consumer startups that said no to investor money
9 votes -
The Correspondant - A different business model for organizations producing journalism.
I just watched an interesting This Week in Startups interview with the CEO of a nascent but successful new "news" organization from the Netherlands called De Correspondent. They are launching a...
I just watched an interesting This Week in Startups interview with the CEO of a nascent but successful new "news" organization from the Netherlands called De Correspondent. They are launching a new US-based company called The Correspondent, which has some high profile supporters. This list includes Nate Silver, William Julius Wilson, Rosanne Cash, and some others.
Their business model allows them to attract high-quality journalists by optimizing for journalistic integrity and independence. They have around 60,000 members paying around $70 per year in the Netherlands. They do no advertising business and are a for-profit corp with a dividend cap of 5% to make themselves unattractive to VC-type investors. The CEO claims they "ignore the news," meaning that they try to avoid the sound-bite quips that can be very distracting. They do not report on individual's scandals, instead focusing on systemic issues.
Journalists are required to share their stories with the members as they are developing. Stories are not guarded secrets while in development unlike traditional news organizations. This allows members to contribute to the stories via a form of curated crowdsourcing. For example, they reached out to members when doing a story on Shell, and found a few members who had access to the company which led to discovery of Shell's own internal Inconvenient Truth type video which was made in 1991.
The CEO also mentioned that he always includes a developer or designer in story discussions so that the latest investigation and presentation tools can be used on a story from day one.
Please take a look at the links and let me know what you think of this model, and its chances in the US market. I am pretty excited for anyone trying anything new in this space. What do you think? Would you pay for something like this?
Edit: I'm not sure if there is a better ~group for this topic, please move it if there is. Also, formatting, phrasing, and clarity.
Here is a direct link to the CEO's Medium account with more information.
15 votes -
Advice on Google's OKR Framework
I've hard a lot of great results using Google's OKR (Objectives and Key Results) framework in my roles leading technical and product teams. I've been tasked with bringing this framework across my...
I've hard a lot of great results using Google's OKR (Objectives and Key Results) framework in my roles leading technical and product teams. I've been tasked with bringing this framework across my organization, including to teams like marketing and business development.
My main issue recently has been around defining the key results of the projects that our teams are going to be pursuing. All of the advice I've gotten in the past has been to ensure that KRs are quantitative, NOT qualitative. This has been at odds with some of the projects the marketing and business teams are planning on working on. These are projects like...
- create a new marketing plan given the new budget constraints
- audit the distribution process to increase our information about the retail sales process
The push back I am getting is along the lines of "when I create the new marketing plan, the project will be complete, and therefore it's just whether or not I finished the plan that matters." i.e. if the objective is finished then the project is a success. My point of view is that ALL projects should have metrics attached to them, and if we can't measure the progress then we cannot show the added value to the business as a result of our effort.
The natural response is: what metrics would you attribute to projects like these? And THAT'S where I could use help. Coming from a product/tech background, my understanding of marketing, biz, and operations leaves something to be desired.
For the marketing plan, I suggested a metric could be to reduce the monthly marketing budget from $current to $future. For the distribution audit, I suggest we track the # of insights/recommendations we produced as a result of the audit. The pushback was that these metrics "didn't really matter" and that "how can we set a goal on insights - even one good insight could be worth a lot, but I could come up with 4 crappy insights just to achieve a numerical goal."
I'm a bit at a loss. I understand their point of view, and I really feel in my heart that we need to be pursuing measurable KRs. Do you have any advice?
6 votes -
$100 million was once big money for a start-up. Now, it’s common
8 votes -
MoviePass is down again
11 votes -
Burger robot startup opens first restaurant
5 votes -
Inside how a scooter-sharing startup Lime navigates San Francisco
4 votes -
Chat with Rob Walling, founder of Drip, serial entrepreneur
5 votes -
OneSpace launches China's first private rocket
4 votes -
The entire economy is MoviePass now. Enjoy it while you can.
6 votes