[TEC Presentation] Mike Cassidy on Startup Strategy

Mike Cassidy :Best strategy is speed 4 companies

Mike Cassidy is a legendary Silicon Valley serial entrepreneur that has co-founded, served as CEO, and led 4 (four!) consumer Internet companies to market leadership and successful acquisitions (over $600m in total)


TEC Club with Mike Cassidy , Jan 12,2011 from Stas Khirman on Vimeo.

Are Business Plans Still Necessary?

Are Business Plans Still Necessary?
by Mark Suster on November 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice.

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 craze. There were tons of young entrepreneurs showing their latest Web 2.0 wares. Ajax was the new buzzword and many companies went overboard. People mistook extra doses of Ajax for a successful product.

Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo!, Cisco and others went out to fill out their Web 2.0 portfolios. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me).

The last 12 months has seen the rise of many new trends. Facebook Apps, iPhone Apps, Social Games and now The Real-time Web (finally a new, sexier buzzword to replace Web 2.0. RIP 2.0. Sorry Tim O’Reilly – you’ll have to work at coining the next trend. )

The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market.

Broadly speaking this last trend has been healthy as it has brought an increase focus on launching products that you can test with the market and on capital efficiency. It has also brought about my favorite new term – Ramen Profitable. Someone remind me to do a future post on why I think the Ramen Profitable approach has actually hurt some businesses.
In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. In an era of “launch and learn” is there a need for a business plan? Continue reading “Are Business Plans Still Necessary?”

сегодня в Украине «рейдерство» стало бизнесом

Сегодня в Украине существует «рейдерский бизнес».

Как передает корреспондент УНИАН, такое мнение высказал председатель инвестиционно-управляющей компании «AVentures Capital» Андрей КОЛОДЮК сегодня в Киеве в ходе круглого стола «Корпоративные конфликты в Украине» в Институте Горшенина.

«В стране существуют не рейдерские атаки, а рейдерский бизнес, это выгодный бизнес», – сказал он.

По его словам, для развития бизнеса в него нужно долго инвестировать, а забрать бизнес можно за 5 минут, потратив намного меньше денег.

А.КОЛОДЮК отметил, что рейдеров всегда интересует сам конфликт и его стороны, заинтересованные тратить деньги на его решение. «Сама система заинтересована в том, чтобы процветал рейдерский бизнес», – сказал он.

При этом эксперт рассказал, что в правоохранительных органах и юридических сферах Украины очень мало людей, которые действительно могут разобраться в сути конфликта и помочь решить проблему. Поэтому сегодня многие пострадавшие бизнесмены объединяются, чтобы вместе защищать свои права. «Как говорится, спасение утопающих – дело рук самих утопающих», – сказал предприниматель, отметив при этом, что ему, в частности, за три года судебных разбирательств все же удалось вернуть свой бизнес.

2010 Internet Television In A Nutshell And 2011 Predictions

2010 Internet Television In A Nutshell And 2011 Predictions

Some might say that 2010 was the year of Internet TV’s emergence. Sure, there were a lot of things that went right for it during the year and a couple things that didn’t. So let’s take a look at the highlights including the new Apple TV, Google TV, Hulu’s rapid growth and more.

Wonder Twin Powers, Activate

Form of Internet TV, form of TV Internet! The big deals this year was getting your TV on Internet and getting Internet on your TV. With a new iteration of Apple TV, Steve Jobs hoped to steal some thunder, expand their user base and dominate another media vertical. But it’s still lacking even though it’s got a far lower price point ($99 versus $299). You still need iTunes to manage your content, it can’t read from your standard DVR and generally, it feels like half a product. Continue reading “2010 Internet Television In A Nutshell And 2011 Predictions”

Social TV – Blue Ocean Strategy?

A version of this article written by Richard Kastelein CEO of Agora Media Innovation and Founder, Appmarket.tv) & Dick Rempt (CEO, Talents Media) was originally published in the “The Channel” magazine for the Association of International Broadcasters.

It must be tough to be a broadcasting executive nowadays…watching your audiences move to social networks and online content snacking and your brand advertisers move their budgets to social media and the other screens.

Perhaps you have a VOD platform or Catchup TV with pre, mid and post-roll ads to stop the bleeding – but now you trade TV content dollars for online dimes, in a constant battle with piracy – as broadband speeds follow Moore’s Law and increase dramatically allowing for quicker movie downloads and more P2P sharing. You see your blockbusting ‘must see’ TV formats replaced by – well, what? It’s clear you’re fighting an uphill battle with the plethora of new players creating havoc in thelong-standing, traditional value chain.

Indeed the rapid innovation and fragmentation of media can be confusing; it’s time for new models which pull it all together. But luckily for broadcasters, some things remain unchanged. Key ingredient in good marketing was, is, and will always be – great content that consumers can relate to, and placing it where you have greatest chances for decent ROI. Although this sounds obvious, this might be the life raft. Continue reading “Social TV – Blue Ocean Strategy?”

Дельфинотерапия – “за” и “против”

Сегодня исследователи центра сумели установить, что у дельфинов имеется как минимум 19 моделей поведения, которые могут быть выражены почти 10 различных звуков.

Исследования способности этих животных приносить пользу в случаях тяжелых соматических заболеваний у людей будут продолжены.

Дельфинотерапия – “за” и “против”

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Why the Sofa is the Most Important TV Device

Convenience and Accessibility: Why the Sofa is the Most Important TV Device

Watching TV should be as easy as sitting down on the sofa. When consumers want to watch TV, they want to be handed content, not have to go chasing after it.

Convenience and accessibility are the bywords that are going to help providers overcome recent cord cutting scares. Current connected TV trends show that viewers want access to TV content, no matter what device they are using- 85% of US broadband users already watch TV on multiple devices. While out and about in the day, viewers want to be able to conveniently watch or record their favourite shows. Mobile TV is in the early adoption phase, but is already showing strong growth. Similarly, more and more people are starting to watch catch-up content on a variety of devices including tablets, laptops, and lately, their TV set.

A recent report by Kantar Media demonstrates the continuing importance of the traditional TV screen; viewers are happy sitting on their sofa and seem to prefer to watch content on the full size TV. According to the report, Virgin Media viewers, who have a full on demand service via their TV, are more likely to have watched on demand through TV (63%) than online (22%) in the last four weeks. The gap is much smaller in Sky homes, where there is not yet a full on demand service via TV (42% via TV, 27% online). In Freeview-only homes, where no TV on demand is available via a TV set, the study shows a greater proportion of people watching TV online on demand (34%) than in any other type of household.

Despite doomsday predictions, clearly, traditional-looking TV boxes are not about to disappear. Viewers enjoy television on their TV screens- even if they are now accessing content in new ways (OTT, IPTV, on-demand, etc.). The set-top box offers high quality, HD viewing from a comfortable vantage-point. On the other hand, the back-end, behind-the-scenes elements of TV are changing rapidly. By allowing access to features like on-demand content, providers can draw viewers quickly back to the TV screen. Watching TV is all convenience- on several levels. First of all, content must be accessible on any device, with a consistent experience. Secondly, convenience here means comfortable, high quality viewing, anytime on-demand, on the sofa.

Чего хотят инвесторы?

Инвестгазета” узнавала, что нужно для того, чтобы привлечь инвестиции в ИТ-проекты

Андрей Колодюк, основатель и глава правления Aventures Capital:

“Вопрос о том, какие требования предъявляют инвесторы к стартапам, ярко раскрыт в фильме «Социальная сеть», где создатель Facebook говорит: «Я не знаю, каким будет Facebook в будущем, я вообще ничего не понимаю, но я делаю то, что чувствую, что нужно делать». Вот это ответ для инвесторов. Требовать от стартапера стратегию или финансовый план, не имеет смысла. Если инвесторы ожидают, что им дадут бизнес-план, особенно с финансовой частью, значит, они пришли с других рынков, где работают такие правила. Если вы хотите напугать стартапера, конечно, можно задать вопрос о том, какая доходность ожидается. На крайний случай, получить ответ из области «мы ожидаем». Если бы Билл Гейтс на момент создания Microsoft видел стратегию, все в мире было бы по-другому. Facebook давали деньги не под бизнес-план. Основным фактором для инвестиций стали вера основателя в проект (для меня лично это основной критерий) и востребованность проекта людьми.”