Guy Kawasaki of Apple Inc, Motorola and Alltop.com

 

Screen Shot 2015-01-06 at 12.10.18What is the most important thing for a startup to have? Join us as Guy shares his investment strategy and provides inside access into the mind of a top VC.

Guy Kawasaki is the founding partner of Garage Technology Ventures, a seed & early stage venture capital fund investing in extraordinary entrepreneurs with unique technologies. Previously, he was Chief Evangelist of Apple Inc and an advisor to the Motorala Business Unit of Google. Guy is also the author of many best selling books including the recent best seller, The Art of Social Media: Power Tips for Power Users.

Items Mentioned in This Podcast

The Art of Social Media: Power Tips for Power Users

If You Want To Write: Barbara Ueland

Influence: The Psychology of Persuasion: Robert Cialdini

In this session you’ll learn:

  • Who Guy associates with having achieved the most success and why?
  • Why Guy made the leap from the tech startup scene to the world of Venture Capital?
  • What exactly Guy looks for when investing in a startup?
  • Characteristics of entrepreneurs nowadays that drives Guy insane?
  • What books Guy recommends to aspiring entrepreneurs?
  • Apps and Software that Guy uses on a daily basis and could not live without.

Finally, we finish the session with a quick fire round, where we hear Guy’s views on the latest and greatest from the technology industry. This includes Guy’s opinion on whether we are in a tech bubble? The future of Tesla? Whether Amazon is a Buy or Sell?

 

 

Startup has lost it’s meaning!

 

Screen Shot 2015-01-03 at 15.32.10

Startup, a term bandied round like funding in the tech bubble, but what does it really mean and has it lost it’s original meaning.

The standard belief is that a startup is a small company with potential for excessive growth with the cumulative goal of it becoming the next tech titan.

However, is that really correct? If so, should the mass of tech companies be attributed with the class of ‘startup’? Is Airbnb really a startup still? Hell no.

So if the likes of Airbnb and Uber are deemed to have lost their designer ‘startup’ status, what really is a ‘startup’ in today’s tech sector? Well everyone has very different definitions, however, it is my belief that a company may be judged to be a startup based on three different criteria:

  1. Valuation: If a company is worth more than $250 million, leave your startup status at the door.
  2. Revenue run rate: If this exceeds $35 million, sack the startup name and call yourself a tech company.
  3. Employee count: If you have over 100 employees it’s time to start targeting or avoiding the looming IPO.

If however, you do not exceed these limits. Awesome job. You can keep the startup badge on for all to see. Just to show an example, Timehop has team of 11 and at last round of funding (May 2014) was given a reported valuation of $200 million. Well done Timehop, you are officially still a startup.

 

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