People’s Software Company

a startup blog

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Entries from October 2008

What are you doing? (Do you know what you’re doing?)

October 12th, 2008 · 3 Comments

So I was at BlogHer Boston on Saturday, and I ran into a gal at Spring Partners — they’re a software company with a novel web-bookmarking tool, and they were showing off their private beta. She’d been to the session at BlogHer San Francisco where my cofounder Susan Mernit and I — as well [...]

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Tags: being a co-founder · product · startup life · techstars · the need for speed

Doubling down in the great recession

October 8th, 2008 · 1 Comment

Advice from legendary investor Ron Conway about being a little boat in a big downturn:
“Raising capital will be much more difficult now.
You should lower your “burn rate” to raise at least 3-6 months or more of funding via cost reductions, even if it means staff reductions and reduced marketing and G&A expenses. This is the [...]

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Tags: Uncategorized