Corporate governance issues coming to light in Indian startups will only increase with time. While founders will be blamed, the venture capital (VC) ecosystem is equally to blame
The root cause of this is the overestimation of the size of Indian markets by founders and VCs. 1/10
We are failing our children. Guns are now the leading cause of death for children in the U.S.
Michelle and I mourn with the students and families of the Covenant School today.
The @ENERGY Interconnection Innovation e-Xchange—known as i2X—has technical assistance available to improve interconnection practices and processes for renewable energy on the bulk power system. Apply by March 22: energy.gov/eere/i2x/i2x-tech…
One thing they don't tell you about having kids is how much you learn from it. It's an unparalleled opportunity to study human nature. Especially if you have multiple kids with very different personalities. I've learned more from it than anything else I've done.
If your political convictions require you to have false beliefs about startups (e.g. that successful founders are merely lucky, or that they got that way by exploiting people), you will fail if you start one. Or fail to start one.
Group statement sent to President Biden on behalf of The New York Times, The Wall Street Journal and The Washington Post. nytco.com/press/group-statem…
To @RonWyden, @SenLummis, @SenToomey, @MarkWarner, @SenRobPortman, @SenatorSinema, @TedCruz, respective staff & everyone who’s worked on the Infrastructure Bill “Crypto Tax Reporting” provision: thank you for your work to get this right.
May we offer a workable simplification?
The guide on the tour, a geologist explain how over last 20 years he has seen the glaciers recede, and how the landform transforms. Things that take 1000’s of years are happening in a jiffy.
#Climatechange is here to stay, unless we take these signs seriously.
It depends. Have done that with most of the products we made, we sold before the product was done, out of necessity.
The pitfalls are your early customers will ask for features that could derail roadmap or could get stuck for long with a few customers trying to satisfy them.
🙈5 Startup Lessons I Learned The Hard Way🙈
6m ago I left as CTO/co-founder of my first startup. We'd been nose-to-the-grindstone for the last 2 years but results weren't close to expectations.
Here are my biggest mistakes & takeaways so that hopefully you avoid them.
👇
I am not the person to give lifestyle advice usually. But today, here we go. One thing that I wish more founders would do is find folks they can just talk with. It can be old friends or other founders or investors. So much stress comes from having no place to go to chat.
Moving electrical SCADA to be cloud native and app native to will be a Unicorn in the future.
There will be millions of off grid (passively connected) electrical systems that generate, store & exchange power at home, in car, and in businesses that require SCADA.
Power utilities should be moving more aggressively to build EV infrastructure. They should be buying gas stations and converting them to EV charging stations.
They have to consider oil companies as their competitors
I love distributed teams!
Met a pre-revenue startup today where:
▫️ Engineering team: lives in Austin, Raleigh and Mexico City
▫️ UX team: lives in Kyiv, Denver, and Toronto
▫️ Support team: lives in Manila, Chicago, and Reno
▫️ Management team: lives in denial
Humanity is on the cusp of practically limitless energy via nuclear fusion and basically nobody is talking about it, which is nuts.
I left working in fusion because I was skeptical of the field's ability to progress, but my mind has totally changed (1/n)
Should the VC investment order be
1. Product
2. Market
3. Founder
If 1 and 2 are not ok, the founder can’t do much without pivots. But that is not the expectation during investment.
If 1 and 2 are ok, then it is a rare chance that the Founder would be bad.
When you hear stories of Unicorns that had to meet 30-100 investors before an Yes, it is clear they were not prioritizing 3.