Reflecting on July 2016 from Adelaide
I’m sitting in a hotel room on the other side of the planet from where I’m usually hanging out. I just got back from a super run (4.5 miles in
I’m sitting in a hotel room on the other side of the planet from where I’m usually hanging out. I just got back from a super run (4.5 miles in
I’ve been thinking about what “truth” means lately. With almost no effort I can find contradictory articles, thoughts, perspectives, statements, and opinions on almost everything being discussed today. I’m sure our election cycle is amplifying this, but I see this in a bunch of stuff I’m reading about tech as well. As someone who views independent critical thinking as extremely important, this dynamic is perplexing to me. A few months ago I wrote a post about TruthRank vs. PageRank. It started me down a path where I began separating types of truth. Specifically, I’ve begun referring to “your truth” vs. “the truth.”
At dinner last night with Amy and friends we ended up in a long conversation about what’s going on in the world right now. We went down a few different paths, including a set of provocative questions like “Should the US have gotten involved in World War II earlier?” (me: Yes) and “Should the US have have gotten involved in World War I earlier?” (me: I don’t know – I never have really understood World War I .)
The post is aimed at CEOs of startups who have at least 15 employees. If you don’t have a VP Finance on your team reporting to you, do yourself, your team, and your investors a favor and go hire one right now. While it’s trendy to outsource your accounting to a third party, once you hit a certain size it’s dangerous. I know there is a lot of advice going around right now – especially in the bay area – that you should focus on your product, start getting customers (or users), make them deliriously happy, and not worry about the rest of stuff for a while. The tone of the advice is fine, but it creates a total mess if you follow it without pondering the implications as you actually start to scale up revenue and expenses.
It’s so disheartening to me. I don’t read newspapers or watch the news on TV deliberately to avoid the noise. Periodically I’ll get a little signal of value from somewhere, usually Amy, but generally I can focus on what I care about. Twitter has always been that refreshing place where I can quickly find out what is going on in my tech world. I follow mostly entrepreneurs and VCs – some who I know and some who I don’t know. I have a few companies in my feed. But no newspapers, no magazines, and no mainstream media.
The phrase “dedupe your processes” was created at a board meeting I was at last week. If you know our portfolio, you probably can figure out which board meeting it was based on the use of the word dedupe. It was part of a conversation where the goal of “Simplify Simplify Simplify”, which had been turned into “Simplify Simplify Simplify“, was finally listed as “Simplify”. It sounds so obvious. But it’s so fucking hard.
I’ve started working on my next book, currently titled #GiveFirst: A New Philosophy for Business in the Era of Entrepreneurship. As a result, my brain is especially tuned to good examples that show a particular aspect of what we refer to as #GiveFirst at Techstars. I was working at my desk the other day when Krista Marks, the CEO of Woot Math came in and said hi. We are investors and Jason is on her board. Krista and I have been close friends for over a decade and I always have time for her no matter what is going on.
The final event at Boulder Startup Week a few months ago was Founder Fights. A bunch of founders got in a boxing ring for a real, USA Boxing sanctioned event (three rounds, two minutes each). To see a two minute version of what played out, take a look at this great video montage from the event (I make a startling entrance at 0:52 in the video.) It’s worth clicking through to Vimeo if the security settings don’t let it play in your browser.)
Sunday night, Amy and I watched the new documentary Zero Days. It’s the story of Stuxnet, the computer virus created by a set of nation states (including the US and Israel) which was intended to disable and/or slow down Iran’s nuclear program. I’d read about Stuxnet several times over the past few years so I knew a lot – at least what was able to be cobbled together. I also remember the mainstream media discussion on it well as I was fascinated by it.
I thought this was outrageously brilliant. Thanks to Andrew Hyde for sending it to me. For a long time I’ve ranted against naming your startup community “Silicon Whatever.” Instead, I believe every startup community already has a name. The Boulder startup community is called Boulder. The LA startup community is called LA. The Washington DC startup community is called Washington DC. The Seattle startup community is called Seattle. You get the idea.