Sunday, July 1, 2007

Marc Andreessen - The High Tech Startup GURU

Marc Andreesen co-founded Netscape and sold to America Online in 1998 for $4.2 billion; he co-founded Opsware (formerly Loudcloud), a public software company with an approximately $1 billion market cap; and now Ning, a new, private consumer Internet company.
he has also been exposed to a large number of internet / technology startups as a board member, angel investor, advisor, venture capitalist.

This series examines the intricacies of building a high-tech startup business in a brilliantly insightful way. Each one of the five articles is very well written with so many gems of advice.

Part 1 looks at he UP-side and DOWN-side of being an entrepreneur (with a wonderful video at the end to illustrate an analogy.

Part 2 looks at how one can and should respond when a potential funder of a new business says NO. It has a great section toward the end on risks in a startup and how to mitigate those risks (a must read for every entrepreneur looking for funding)

Part 3 looks at how to reach the funders. It is not as simple as just slipping a business plan in the mail and waiting for a response. If you do that you will go NO WHERE, EVER. Marc tips on reaching VC's are the kind of insider knowledge you won't read in text books.

Part 4 analyzes what really matters in driving the success of a start up - TEAM, PRODUCT or MARKET. Marc looks at these factors and ideas from different angles and view points.

Part 5 looks at dealing with Moby Dick (i.e. the unpredictable animal of a big companies). How to start up firms manage the erratic and unexplainable behavior that emanates from large organisations.

These blog posting of Marc Andreessen really rock - if you have any interest high-tech start - please read them (for your own good).

1 comment:

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