Startup Genome and Startup Event Calendar – Iceland

The mission of this blog is to be a resource for entrepreneurs, startups and everyone who wants to learn about the entrepreneurial life. Why I do this is because I have made it my mission to build an antifragile startup ecosystem in Iceland. I have written a lot about how my analysis of why this…

Investment Thesis and Strategy

Since I announced that I am setting up a Syndicate, I have had some requests on what and how I plan to implement this. And I really happy that 2 people have already committed to support me in this initiative. I think more would join if they understood how all of this worked. I am going…

Startup Management – Masterfully Curated Resources for every startup

Fred Wilson wrote about an AVC regular William Mougayar is building an education oriented community for entrepreneurs called Startup Management (SUM). I wanted to bring attention to this aspect of a Startup, I have written about this before Startups are not a small form of a big company. The management of things in a startup require different sequencing than in…

Economics Shimeconomics

The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market. – George Soros I wrote a small comment yesterday about a news article that I read in Reuters, this article still comes…

Traction brings money; Money does not bring traction

I was at the Seed Forum this year, but I could not participate for the whole day but I attended the cocktail hosted by the British Embassy in Iceland. It was fascinating to see the British Ambassador pitching to the startups to look at UK to locate or move their startups when they scale out…

Microsoft vs Google in the Enterprise

I was reading an article in the guardian titled “Microsoft threatened, as smartphones and tablets rise, Gartner warns” and another post by Fred Wilson/Christina about “Monopolies and Startups” both are connected to the theme of transformation that I have been referring to for sometime now. My colleague was telling me that someone asked him a…

Promise of Big Data and whats wrong with it

I like Data as much as the next guy, but I am troubled by all the empty promises of big data. I think data is good but too much data is unwieldy and it becomes hard to separate the noise from signal. It does not matter how sophisticated our data sifting mechanism become it is…

Where do great ideas come from?

I am the first one to reject the notion that Ideas don’t matter, but to a certain degree they do. Usually a problem drives one to think about how to solve the problem. I actually like this video that talks about this, by the author of the book Where Good Ideas come from? Steven Johnson. There…

Startup Risk

I usually get really worked up when I am speaking with some employees in a bank about Startups and Entrepreneurship, they immediately say that it is Risky. I always ask them could they please tell me why they believe Startups are risky? Their usual answer is well 90% of all startups fail, which is anecdotal…

Disruption revisited and redefined

The word Disruption has a negative context, the definition according to Dictionary.com is 1. ( tr ) to throw into turmoil or disorder 2. ( tr ) to interrupt the progress of (a movement, meeting, etc) 3. to break or split (something) apart I feel the dictionaries do not do justice to the word. The use of the word Disrupt in the innovation context is more a positive one although it depends on which side of the table you…