The startup process document provides advice on starting a startup. It discusses finding a problem to solve, focusing on execution over ideas, hiring a team that is better than yourself, creating milestones, prioritizing relentlessly, fundraising from friends and family or angels before pursuing VC funding, and ensuring the business is focused on creating profits through products and sales. Key metrics for a startup include being able to define the ideal user and show customer traction.
38. quot;To serve the world's most engaged community.quot; (AOL 2006)
dumb
quot;To scout pro table growth opportunities in relationships, both
internally and externally, in emerging, mission inclusive markets,
and explore new paradigms and then lter and communicate
and evangelize the ndings.quot;
85. (last deals i saw for conv angel rounds
w/1st-time entrepreneurs in this market
before they stopped)
75% warrant coverage
50% discount
10% per month warrant coverage
20-30% discount in good market