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$ QuickUp $ Financial Model for Startups

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Monday, 05 January 2009

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Avi, I am constantly doing research about startups. Some is done in field interviews, other via statistics, much through work with founders, board of directors and investors. I enjoy it very much. My aim is to test what I hear against what I see. Too much in the startup world is myth. Thus we end up with too many people making too many avoidable errors.

Before the Internet, the lack of essential information contributed to a meaningful gap between the time an original idea was formulated and the time others copied it. After the Internet, the information that contributes to triggering the innovative idea is so widespread that many use it to do essentially the same thing at nearly the same time. Thus the name of the game is not "Be first" but rather "Be first to get it right."

Keep thinking . . .

As a reader of your book, I'm happy for this update. My comments are my "thank you".

You write: "When I concluded my research". A few words are required here: WHAT new research did you do for this book?

You write: "There are no longer any unique ideas for a startup". I doubt if there ever were, and I'm sure that even today there are, but I think it's a good "mode of operation" to PRETENT that there aren't, i.e. "don't count on it". I wouldn't go as far as, for example, avoid confidentiality and patent measures.

Avi

John,

High Tech Startup is now part of the canon. I'm glad you're updating it and these brief notes are a nice refresher.

Fred

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