I'd tweet about the Schmincubus band member that I...
mayka: incubus is rehearsing right now!!
mayka: and the bassist is very hot
mayka: he smiled at me
mayka: we made eye contact on two separate occasions
bill: NO FALLING IN LOVE WITH THE BAND
mayka: his name is ben! he used to play with the roots! i also love the roots!
bill: how can i compete with thaaat
bill: can he make puppets?
mayka: you're right.
mayka: you win.
mayka: BUT WHEN HAVE YOU EVER MADE ME A PUPPET
Sesame Street favorites. →
As I was slathering peanut butter on my mid-afternoon snack yesterday, I realized what I should share today. My Favorite Sesame Street Segments “It Takes a Lot of Little Nuts…” Featuring your…
Wednesday Wants: Summer solstice. →
80%20 Feather Wedge. I used to shun the wedge because I had reasoned (The tagline of this blog is “Overthinking so you don’t have to,” after all.) that of all female shoe…
mrsnereida: This week my inspiration came from a few different places for design. The color though, was set to 3. I LOVE putting light blue and vibrant red together. And for a bright summer feel, just adding a touch of white.
Like all gold-rushing douchebags of any era, he’s not starting a company because...– The New Silicon Valley Douchebag
AND STAY DOWN
animalsbeingdicks: Ted thought little Jimmy needed a bath.
Today in WTF
keepsdiary: Prada S/S 11 vs Jeffery Campbell If you’re going to knock something off so special, at least make it look like you won’t break your ankles trying to wear it. Those Jeffery Campbells don’t look safe at all. Oh, Jeffrey Campbell. Have you learned nothing in your own allegation against Forever 21? (Also: That design: PUKE. I don’t care if Prada made it.)
There’s quite a story behind 21-year-old transgender model Valentijn de Hingh....– Meet Valentijn de Hingh, the Latest Transgender Model – Fashionista: Fashion Industry News, Designers, Runway Shows, Style Advice Fascinating!
Findings of the Startup Genome Report
1. Founders that learn are more successful: Startups that have helpful mentors, track metrics effectively, and learn from startup thought leaders raise 7x more money and have 3.5x better user growth.
2. Startups that pivot once or twice times raise 2.5x more money, have 3.6x better user growth, and are 52% less likely to scale prematurely than startups that pivot more than 2 times or not at all.
3. Many investors invest 2-3x more capital than necessary in startups that haven't reached problem solution fit yet. They also over-invest in solo founders and founding teams without technical cofounders despite indicators that show that these teams have a much lower probability of success.
4. Investors who provide hands-on help have little or no effect on the company's operational performance. But the right mentors significantly influence a companyâ€™s performance and ability to raise money. (However, this does not mean that investors donâ€™t have a significant effect on valuations and M&A)
5. Solo founders take 3.6x longer to reach scale stage compared to a founding team of 2 and they are 2.3x less likely to pivot.
6. Business-heavy founding teams are 6.2x more likely to successfully scale with sales driven startups than with product centric startups. 7. Technical-heavy founding teams are 3.3x more likely to successfully scale with product-centric startups with no network effects than with product-centric startups that have network effects.
8. Balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x more user growth and are 19% less likely to scale prematurely than technical or business-heavy founding teams.
9. Most successful founders are driven by impact rather than experience or money.
10. Founders overestimate the value of IP before product market fit by 255%. 11. Startups need 2-3 times longer to validate their market than most founders expect. This underestimation creates the pressure to scale prematurely.
12. Startups that haven't raised money over-estimate their market size by 100x and often misinterpret their market as new.
13. Premature scaling is the most common reason for startups to perform worse. They tend to lose the battle early on by getting ahead of themselves.
14. B2C vs. B2B is not a meaningful segmentation of Internet startups anymore because the Internet has changed the rules of business. We found 4 different major groups of startups that all have very different behavior regarding customer acquisition, time, product, market and team.
“Generally, I think we have become too accessible. We all lose too much...– Lanvin chief declares email-free Wednesday | Reuters