Data, Design and Network is the Value and Growth

As I have been investing in companies and startups primarily in the Software cohort, it is time to clarify the investment thesis. I am big believer that as long as the startup focuses on the value and scaling, and is making sufficient progress towards those two major goals the startup is doing the right thing.…

How to allocate the Option Pool?

The only currency a startup has other than cash which you need to run the daily experiments to find the Product to Market fit and to build a Minimum Viable Product is Equity. I find that many founders and technical team members struggle with understanding Equity believe me it took me a while to figure…

Picking winners in a farm of Black Swans

I love probability and statistics, yes I am weird. The whole notion of me starting to invest in Startups and Entrepreneurs started when I was mindlessly searching the Internet for Power Law examples and bumped into Fred Wilson’s blog post about Power Laws and returns in VC investing. I wrote a paper a while back…

What does it mean to Execute?

I was very impressed with the blog post by Ben Kaufman titled “What Raising Money Means to Me“. I believe personal stories tied to the ups and downs of building a business are always fascinating to read. Ben is young, went through the Paul Graham’s Startup Curve and I believe has had his awakening. You can see…

Framework to build Great Companies

A framework is more like a guide, it does not tell you how to walk the path but gives you guideposts on what you should focus on. Building great teams is the bedrock of building great companies. I have mentioned many times that when you are investing in a startup, the team matters a lot.…

SXSW update – 8th Lean Startup Meetup

Kristjan Freyr Kristjansson was at SXSW2012 and he gave a brief talk about the show and more importantly shared his thoughts on attending many of the Lean Startup Panel. The summary of the SXSW update was: It is very noisy, crowded and advertisements everywhere – it would be impossible to get your startup noticed or…

Incubators vs Accelerators

There is a fundamental difference between an Incubator and an Accelerator. Here is a video interview where Brad talks about the difference between Incubators and Accelerators.  An Incubator gives you real estate i.e table, chair, meeting room and power socket, internet connection, a coffee machine and/or a foosball table in exchange for rent. This has been…

Strategy execution – Reboot Iceland

I have written about My vision for Iceland and why some of the current strategies being explored in Iceland will not work. How do we restart the entrepreneurial system? I have been doing a lot of thinking about this since I started working with Entrepreneurs in Iceland. So what do Icelandic entrepreneurs need? They need…