A few weeks ago towards the end of an engineer’s interview she asked me a very interesting question, “Have you ever failed at anything?” That really got me to thinking. Looking back, if I were to describe my life I would say that I have been extremely fortunate. I...
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Finding a good cofounder is a key ingredient of a successful startup. Having had the opportunity to work with a variety of co-founders over the years, and now pairing up with individual co-founders for TandemLaunch portfolio investments, I have developed a couple rules of thumb for what to look...
Startups are an environment full of both opportunities and challenges for career advancement. The opportunities usually come in two distinct stages: founding and scaling. During the founding stage anybody can take any title and that’s often precisely what founders do. I have previously written about how this is generally...
Any organization should be continuously on the look-out for talented people who are capable of taking on leadership roles. In this context you hear the word ‘ownership’ a lot, in reference to ‘owning’ a function, project, or deliverable. The words are often used interchangeably but, I believe, have very...
This is a cautionary tale from my very first startup, SunnyBrook Technologies. The company was about 2 years old when we happily found ourselves in serious acquisition discussions with a European company. We were at a very advanced stage of the deal, with all of the key deal terms...
Are you a startup entrepreneur, have a great product, and want to sell it to the ‘big boys’? Selling to a Fortune 500 company is obviously not a walk in the park, but having one or more of them as your customers could be very rewarding and key to...
At the end of my last post on the gaps in the R,D,E chain, I talked a bit about why people with the development skill set are attractive to large companies, but ultimately don’t fit in with these companies’ emphasis on engineering (e.g. rigour, discipline, process). Startups are by...
I talk a lot about bridging the ‘technology transfer gap’, but there is more than one place where technologies fall to their doom in the development of a new product. When you define each stage in the process (Research, Development and Engineering) you start to see that there are...
In a recent post on startup ethics, I emphasized the fact that employee equity is an investment like any other, and it is unethical for insiders (CEOs, select investors, etc.) to structure deals in order to screw employees out of their equity shares. I also hypothesised that character traits...
I advocate a lot for student entrepreneurship because I think it is a unique way to have a real world impact and learn some really valuable skills before you are in full on career mode. I have explored in other posts some of the strategies for being a student...