Why we chose this model and what are the advantages for investors.
Hello dear readers! As the world of technology races ahead at an unprecedented pace of change, the world of venture capital firms, the very investment firms that fund innovations from Tinder to the mRNA vaccines, has largely remained stagnant.
For nearly half a century, when investors formed VC funds, the process has been as follows:
As we head into the fall and programs around the world are recruiting talent, a question that a lot of founders ask and MDs of accelerator programs around the world end up answering centers around program value when looked at against the investment offer that most programs provide.
This process often prevents companies who should go through programs from applying or rejecting acceptance offers on the basis of (what I believe is) bad advice.
Here is a good way of looking at it:
Do you have a better offer than ~$120k for ~6% of your company on the table right…
Whether you are an established team or a client of an agency building a software product, managing product requirements is a painful multi-party exercise.
When dealing with defining the requirements of a project, the biggest friction point comes from the fact that requirements are often created by non engineering staff on the business or product management side of the company or client. This means that as these requirements are turned into actionable epics/stories/issues, they often need to evolve as the granular details of the specific software implementation come into focus.
Most team and agencies work around the dreaded PRD (product…
Coming from the on-premise, SaaS, and system integration worlds in video technology — the one sales mantra that I recall with the most clarity is “solution selling” and “system lock-in”. The reason why Wall St (and Sand Hill Road) love SaaS so much is the defensibility of a product that’s difficult for a customer to switch out of. That business strength on the vendor side quickly translates into complacency and thus reduces the likelihood for product innovation for the client side.
Having spent some time on the client side of the media world with VICE and Abu Dhabi Media —…
It was only a matter of time before the raw computing power of our laptops, phones and eventually tablets broke free of their multi-purpose computing paradigm and bestowed upon the other electronics in our personal universe the kind of automated intellect that was previously reserved for sending people to the moon.
What began with the creeping pace of SmartTV development is now rolling full-steam ahead with refrigerators, thermostats, and door locks — all enjoying the ability provide a digital experience to the end user. …
The most successful media organizations create sustained leadership through innovation in distribution and consumption mechanisms. At scale, these two categories get split into departamental silos which dramatically reduces their ability to create new experiences.
How can media organizations maintain a high innovative pace despite organizational friction?
The most raw example of a media organization innovating a medium is the Christian Church. The proliferation of the Bible has led to the wide adoption of printed text (consumption) and books (distribution). For generations, if you were reading, you were doing it from a book, and that book was the Bible. That…