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Should you co-found a company with your friend? And how do you split the equity?

If you’re talking with cofounders about launching a new business, you’re fundamentally recruiting someone to take the job of partnering with you for the next decade.  I see a lot of founders who do less due diligence than I think ideal before making that long-term commitment.Just knowing one [...continue reading]

Are you hiring a cultural fit? Do you actually want to?

Who should you hire: the superstar with great skills who feels like a poor fit with the culture, or the person with weaker skills but who fits in culturally?  Even though I believe in hiring the stranger, cultural fit really matters.I once had an interview set up with a candidate who looked [...continue reading]

A family-friendly work environment is a powerful recruiting and retention tool

My wife and I have a lot of conversations about work-life balance, or as I usually think of it, making sure I don’t use up too many “spouse points”.  Many early-stage companies do not have these issues top of mind, because so many founders are pre-children. However, even people without children [...continue reading]

Your startup is dying — now what?

“Mann Tracht, Un Gott Lacht” (“Man Plans, and God Laughs.”)We hope for the best, but are forced to plan for the worst.  Almost all VCs will have companies that fail. The CEO comes to us.  She has 3 months of cash left. Existing investors have said they’d be glad to invest…if she gets a [...continue reading]

Industrial psychology for CEOs

I’ve personally been a past client of Ben Dattner, an executive coach and organizational development consultant, and head of Dattner Consulting.  Ben has an unusually well-developed website, well worth reviewing when you are thinking through management decisions and challenges.  I put some links [...continue reading]

What’s your VC tech stack? Results from a survey of early-stage VC funds

(written by Philipp von dem Knesebeck, Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam), and David Teten)VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. But what tools are they using themselves to automate [...continue reading]

Ready to join a new management team? Here’s how to do your due diligence first

I get emails every week from mid-level and senior executives who want to join a growth company. You’re going to be spending 40+ hours/week with your new colleagues, which is more time than most of us spend with our spouses. So I put together some notes on how to due diligence a management team, from [...continue reading]

A trial balloon: How large corporates can coinvest with their employees’ angel investing

Many large corporations face three seemingly disconnected challenges; they want:-       Better returns on their balance sheet and underfunded pensions;-       Access to the innovation economy to stay on top of the early-stage companies attacking their business; and-       Unique employee [...continue reading]

How to run your company based on metrics: what, why, how, who, and when

I review a lot of board decks with a beautifully hand-crafted page with metrics for the company.  That makes me nervous.  I prefer to see a screenshot of an internal dashboard, not something created for the board, and I prefer to see that same dashboard in the same format at every meeting.  The [...continue reading]

Nine career hacks most people don’t do…but should

I agree with Brad Feld: Most people flake.  If you’re not a flake, you are far more likely be trusted, promoted, and funded.  If you execute on the steps below, you’re well on your way to being a top quartile performer.I gave a presentation to Womensphere a few months ago on the most valuable [...continue reading]

Design your company culture like the world’s largest hedge fund

Ray Dalio, Founder of Bridgewater Associates, the world’s largest hedge fund, is a man after my own heart.  A few years ago he publicly set down his core Principles for living, managing, and investing.  Bridgewater uses these codified rules for recruiting, training, and most important, managing the [...continue reading]

Should Your Startup Pivot, Persevere, or Plank?

(I originally published this in Forbes.)It’s a cliché of the startup world that successful entrepreneurs persevere even when everyone else thinks their idea is doomed (see: Pandora).It’s a cliché of the startup world that successful entrepreneurs pivot when appropriate (see: Paypal, Apple [...continue reading]

Free webinars on interviewing, recruiting, employee screening, and social network recruiting

My friends at Accolo have some very worthwhile webinars available for free on their site. These are geared to hiring managers and recruiters. You can watch these at your convenience: The Inside Numbers on the Job Market and the Impending Hiring War How to Conduct the Perfect Interview [...continue reading]

Entrepreneurial Education Programs in New York/Invitation to Founder Institute Investor Session

I've been very excited to see the boom in the New York startup community in the last 2 years, driven in large part by the shrinkage in the NY industries that traditionally lured some of the most entrepreneurial and aggressive personalities (finance, consulting, etc.) Michael Karnjanaprakorn posted a [...continue reading]