Do More Faster TechStars Lessons to Accelerate Your Startup

ISBN-10: 0470929839
ISBN-13: 9780470929834
Edition: 2011
List price: $23.99 Buy it from $3.00
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Description: Practical advice from some of today's top early stage investors and entrepreneursTechStars is a mentorship-driven startup accelerator with operations in three U.S. cities. Once a year in each city, it funds about ten Internet startups with a small  More...

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Book details

List price: $23.99
Copyright year: 2011
Publisher: John Wiley & Sons, Limited
Publication date: 11/19/2010
Binding: Hardcover
Pages: 352
Size: 6.50" wide x 9.25" long x 1.00" tall
Weight: 1.166
Language: English

Practical advice from some of today's top early stage investors and entrepreneursTechStars is a mentorship-driven startup accelerator with operations in three U.S. cities. Once a year in each city, it funds about ten Internet startups with a small amount of capital and surrounds them with around fifty top Internet entrepreneurs and investors. Historically, about seventy-five percent of the companies that go through TechStars raise a meaningful amount of angel or venture capital.The Tao of TechStars is a collection of advice that comes from individuals who have passed through, or are pat of, this proven program. Each vignette is an exploration of information often heard during the TechStars program and provides practical insights into early stage entrepreneurship. Contains seven sections, each focusing on a major theme within the TechStars program, including idea and vision, fundraising, legal and structure, and work/life balance Created by two highly regarded experts in the world of early stage investing Essays in each section come from the experienced author team as well as TechStar mentors, entrepreneurs, and founders of companiesWhile you'll ultimately have to make your own decisions about what's right for your business, the Tao of TechStars can get your entrepreneurial endeavor headed in the right direction.

David Cohen is a British joutnalist who has written for The Independent, The Guardian, and British GQ, as well as The New York Times. In 1997, he was the recipient of a harkness fellowship hosted by Columbia University, which enabled him to write this book. He lives in london with his wife and two daughters.

Foreword
Preface
About TechStars
Idea and Vision
Trust Me, Your Idea Is Worthless
Start With Your Passion
Look for the Pain
Get Feedback Early
Usage Is Like Oxygen for Ideas
Forget the Kitchen Sink
Find That One Thing They Love
Don't Plan. Prototype!
You Never Need Another Original Idea
Get It Out There
Avoid Tunnel Vision
Focus
Iterate Again
Fail Fast
Pull the Plug When You Know It's Time
People
Don't Go It Alone
Avoid Co-Founder Conflict
Hire People Better than You
Hire Slowly, Fire Quickly
If You Can Quit, You Should
Build a Balanced Team
Startups Seek Friends
Engage Great Mentors
Define Your Culture
Two Strikes and You Are Out
Karma Matters
Be Open to Randomness
Execution
Do More Faster
Assume that You're Wrong
Make Decisions Quickly
It's Just Data
Use Your Head, then Trust Your Gut
Progress Equals Validated Learning
The Plural of Anecdote Is Not Data
Don't Suck at E-Mail
Use What's Free
Be Tiny Until You Shouldn't Be
Don't Celebrate the Wrong Things
Be Specific
Learn from Your Failures
Quality over Quantity
Have a Bias Toward Action
Do or Do Not, There Is No Try
Product
Don't Wait Until You Are Proud of Your Product
Find Your Whitespace
Focus on What Matters
Obsess over Metrics
Avoid Distractions
Know Your Customer
Beware the Big Companies
Throw Things Away
Pivot
Fundraising
You Don't Have to Raise Money
There's More than One Way to Raise Money
Don't Forget about Bootstrapping
Beware of Angel Investors Who Aren't
Seed Investors Care about Three Things
Practice Like You Play
If You Want Money, Ask for Advice
Show, Don't Tell
Turn the Knife after You Stick It in
Don't Overoptimize on Valuations
Get Help with Your Term Sheet
Focus on the First One-Third
Legal and Structure
Form the Company Early
Choose the Right Company Structure
Default to Delaware
Lawyers Don't Have to Be Expensive
Vesting Is Good for You
Your Brother-in-Law Is Probably Not the Right Corporate Lawyer
To 83(b) or Not to 83(b), There Is No Question
Work-Life Balance
Discover Work-Life Balance
Practice Your Passion
Follow Your Heart
Turn Work into Play
Get Out from behind Your Computer
Stay Healthy
Get Away from It All
The Evolution of TechStars
What Motivated Me to Start TechStars?
Why TechStars Started in Boulder
How TechStars Came to Boston
How TechStars Came to Seattle
So You Want to Start TechStars in Your City?
Appendix: The TechStars Companies
About the Authors
Acknowledgments
Index

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