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ArticleDon’t Fear Automation Technology — Embrace It

Don’t Fear Automation Technology — Embrace It

What you’ve heard is true: The robots are coming to take our jobs. But instead of fearing our machine counterparts, should we be thanking them?

In the future, artificial intelligence and automation technology will begin to take over in a big way, transforming the entire way we do business. In fact, that future is closer than we think — automation is already beginning to take over in areas many wouldn’t have thought possible even a few years ago.

It’s taking over mundane tasks, such as in the case of X.ai, which has created automated assistants that can schedule meetings and conduct basic email correspondence without the aid of human beings. It’s also taking over more complex duties, like writing news articles, coding new software, and even ...



ArticleCan the Millennial Love of ‘Chat’ be Professional? VentureApp is Betting on It

Can the Millennial Love of ‘Chat’ be Professional? VentureApp is Betting on It

LinkedIn was founded in 2002 — and, even with its recent facelift, their basic product reflects that. While the world is moving on to more and more people working freelance (and frequently working multiple jobs), LinkedIn is stuck in the past — a time when people would stay with one company and one role over an extended period of time. The interface is tired; their “inmail” system is annoying; and it’s really more of a utility than any kind of delight.

Luckily, while LinkedIn is a dinosaur in startup years — there are newer, younger companies yipping at its heels — companies like VentureApp.

“LinkedIn is a really really really good resume database,” VentureApp CEO Chase Garbarino tells Startups.co. “But I think there’s a lot to be desired ...



ArticleMaking Room At The Table

Making Room At The Table

Sallie Krawcheck is one of my favorite entrepreneurs I’ve met in 2017, after many years following her career as one of the most senior women on Wall Street. A 2002 Fortune Magazine cover put her face as the hope of trust on Wall Street with a headline: “The Last Honest Analyst.”

Indeed, she was fired in 2008 from Citi because she wanted to bank to reimburse clients for bad investments that were the bank’s fault. Or as she put it in an on stage interview in 2016, “I was fired for being a woman,” because women are more focused on relationships and long-term outcomes than men on Wall Street.

What do you do when you reach the pinnacle of your career– farther than almost any other woman in Wall Street has climbed– and then get ...



ArticleMy Startup is Worth Millions — Why am I Broke?

My Startup is Worth Millions — Why am I Broke?

There's nothing quite like being worth millions on paper and still not being able to afford the shittiest car.

If this sounds familiar, it's because many of us maintain an extraordinary paper worth that's worth absolutely nothing outside of our conference room.

Investors say I'm worth millions. My credit card company disagrees.

It's not uncommon (at all!) for Founders to have all of their net worth tied up in their company without a real dollar to show for it.

That's because the value we have in our stock has zero liquidity — it's a promise of a future payout — without any pay. This dichotomy is maddening to any startup Founder, not to mention almost any business owner since the dawn of time.

Why doesn't a bank think I'm worth something?...



ArticleGood things happen when you’re helpful

Good things happen when you’re helpful

Five years ago I dropped out of a PhD program and started my first company. I had no idea what I was doing and made every mistake you could imagine. Needless to say that business didn’t last very long.

Since then I’ve gone on to start three more companies — one venture-backed, two service-based — each with varying levels of success and failure.

From these experiences there’s one lesson I’ve learned that’s remarkably simple, exceedingly powerful and virtually universal: good things happen when you’re helpful.

Clear a path and make others look good

I was recently introduced to Ryan Holiday’s “canvas strategy”. In short, his “canvas strategy” speaks to the notion of identifying mentors and actively finding ways to support them and their missi...



ArticleHow to Get Your Product in a Major Retailer With Vanessa Ting

How to Get Your Product in a Major Retailer With Vanessa Ting

We were lucky to have Retail Growth Strategist Vanessa Ting share her tips for attracting major retailers for your startup project. Now with Buyerly.com and Retail Path, she helps product companies strengthen their appeal to major retail buyers nationwide. Below are our 10 big takeaways.

  1. Build Sales Traction

Always collect sales data. Make sure to note your sell-through numbers and not just what is being shipped out. You can get creative with how you illustrate this to retailers, noting any increases in orders over time or PR that led to a spike in sales.

  1. Create Brand Awareness

It is important to make sure you have the marketing support to create a brand identity both in the store and out of it. Without this, your product will just coll...



ArticleIt’s Time to Improve Your Product Engineering Conversation

It’s Time to Improve Your Product Engineering Conversation

“Truly great delivered product is the result of a team, a true partnership between product and engineering.” [1]


As a product guy, I’ve worked with hundreds of software engineers and counting. Those Devs have been some of my favorite people throughout my career. “Software is eating the world.”[2] Devs everywhere should be proud of what they’ve built.

But just as those past successes were not automatic, neither will be future successes. We need to keep improving. And it’s in that spirit that I have a couple suggestions for my Dev friends who write code. Here’s why.

Get the best outcomes. Period.

Getting the best outcomes is ultimately why I have suggestions for my Dev friends. Getting the best outcomes possible is ultimately why this matte...



ArticleQ&A with Ben Horowitz and Matt Murphy

Q&A with Ben Horowitz and Matt Murphy

It’s rare for any team to have an open Q&A with their board — even more so when they’re such well-known investors as Ben Horowitz of Andreessen Horowitz and Matt Murphy of Menlo Ventures. The Usermind team was fortunate to be able to sit down with Ben and Matt for an informal discussion on the current fundraising climate, conquering the competition, and creating a new software category.

Why did you invest in Usermind? What has you most excited about our market space in particular?

Ben: One of the things that became pretty clear to me back in 2009 when we started the firm was that if there was going to be SaaS — if software was going to become a service — then there was a whole set of infrastructure work that needed to be done, an...



ArticlePrivate Equity

Private Equity

Private equity is a type of investment typically reserved for companies that have already grown to a larger size and are looking for a particular growth or exit strategy that isn’t available through traditional financing.

When private equity makes sense

Most startup or small businesses have little use for private equity. Technically, venture capital is considered private equity, but for the purposes of this explanation let’s leave venture capital out of it.

If you’re a startup with just an idea, you’re likely way too early for private equity. Typically private equity firms are looking for later stage companies that require much larger sums of money, usually at least $5 million, in businesses that already have some so...



ArticleTechCrunch Vs. ProductHunt: How We Drove 1,300 Signups In 2 Days

TechCrunch Vs. ProductHunt: How We Drove 1,300 Signups In 2 Days

Public relations, growth channels, virality – they all have a role in the elusive world of startup PR & marketing. And oh how elusive it is…

How should you identify the channel that will be successful for your startup? How should you calculate the ROI of your startup PR efforts?

Every startup is in search of media traffic that will convert to users that will ultimately convert to long-term customers. Pulling the right levers from a PR & marketing perspective is an age old quandary and what works for one startup could — or could not — work for the next one.

We’ve incorporated a number of marketing channels and tactics over the past two years. From the beginning, we’ve focused on the data to help us measure what works and what doesn’t...



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