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...
Entrepreneurship
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...
Entrepreneurship
, People
Why Employee Equity is an Investment like Any Other: Entrepreneurship and ethics
There’s been a flurry of articles and a Hacker News Poll, highlighting entrepreneurs who despite, or maybe because of their success, turn around and screw their employees, collaborators, partners. Just look at the last few big deals this year: Zynga and its CEO (personally worth billions at the expected...
Entrepreneurship
, Tech Entrepreneurship
Invention, Innovation, and Entrepreneurship: Different processes, different people
Invention, innovation, and entrepreneurship are words frequently thrown around by politicians, theorists, and entrepreneurs alike to generally describe the act of bringing a product or idea into the world. While easy to confuse, each concept is distinct and requires specific skills. When it’s time to choose the right...
While traveling in the Valley I had a chance to catch up with a few local entrepreneurs and accelerators. Many of them are doing interesting work, but I noticed a disturbing trend: entrepreneurship has become “cool” for a whole generation. As a an entrepreneur who had gone through several...
Five Essential Courses for Technology Entrepreneurs Students who are interested in technology entrepreneurship are likely taking plenty of engineering, physical sciences, or computer science courses. But there are a few non-technical courses that I would strongly recommend to anybody aspiring to be an entrepreneur. Even as a technical founder,...
A few years ago, during my first start-up adventures at Sunnybrook Technologies, a prototype fire taught me two important tech entrepreneur lessons: 1. Good entrepreneurs don’t panic. 2. Adversity is an opportunity, not a problem. We had just finished the first prototype of what would become the world’s first...
For the last month I had three people independently ask me for advice on selecting (Web2.0) Accelerators. Two of them were student entrepreneurs contemplating their first venture. All where attracted by the Accelerators promise to kick-start their business but a bit confused by the choices between different Accelerator programs. Students, inventors...
A lot of undergraduate students ask me whether they should pursue an MBA or a technical PhD as a foundation of their entrepreneurial career. I have pursued both at some point, and frequently meet (and invest in) entrepreneurs with both degrees. Each has advantages but overall I’d recommend a...
There are many ways to define success. I didn’t start in a mud hut and I am not Bill Gates. Still, the first decade of my entrepreneurial career can, I think, be described as going from a fairly basic start* to success as a technology entrepreneur**. The following five...