Your great idea—suggested by your PR firm—is to book out some dive bar, rent a room at the Four Seasons and throw a party, take over a grilled cheese stand across from the main venue. None of this matters, says VC Mark Suster. Don’t do it. Here's how to better spend your time (and resources).
Facebook has struggled to generate mobile revenue, which could stunt its potential. But Instagram could be the key to changing Zuck's fortunes. GRP Partners' Mark Suster, Big Spaceship's Karina Portuondo, Percolate's Noah Brier, and Ad.ly's Walter Delph share their ideas.
With nearly 25 million customers using Netflix, it's clear that everyone will have an opinion on Reed Hasting's decision to split DVD and streaming businesses. And many short-termists think it's a bad idea. Here's why it's actually a great strategic decision.
It's very common for startup companies to have COOs. So I know I'm getting myself into a bit of trouble by writing this. But...
Startups don't need—shouldn't have—COOs. I have this conversation with every startup that comes to see me and has a CEO and a COO. I think usually a COO title at a startup is an ego thing. You have two founders and it was agreed that one would get the CEO role so the other needs to call themselves president or COO.
Fifty coffee meetings. That number should stick in your head as a metaphor for networking. It's the entrepreneur's equivalent of "10,000 hours," and if you put it into practice next week, it will start paying dividends in the near future. There's a direct correlation to your future success.
The faster tech businesses boom, the faster scam artists see opportunities to exploit them. Two hacks targeting Facebook and credit card service Square offer further lessons in failure at the speed of light.
New tech startups are moving with the speed and force of tsunamis. And a few crash that way, too. Airbnb is the latest example of how rapid growth demands rapid response to failures. Top VC Mark Suster tells Fast Company what Airbnb did right—and what it should have done better.