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by Steven Loeb - February 19, 2013
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Featured Lessons learned

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Lessons Learned: Genius.com CEO David Thompson says keep it your own as long as you can

by John Shinal, November 20, 2007 | Comments

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Take that as far as you can without thinking, 'I gotta have money'

Many would-be entrepreneurs think that they need to start talking to investors as soon as they have an idea for a startup.But that's not the advice from David Thompson, co-founder and CEO of Web analytics firm Genius.com."Spend a lot of time developing your idea and your technology on your own," before starting to raise funds, he says. "Take that as ...

Lessons Learned: Fliqz CEO Benjamin Wayne on the risks startups face

by John Shinal, November 16, 2007 | Comments

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Three risks facing startups: Market, technology and execution

The first piece of advice that Fliqz CEO Benjamin Wayne has for other entrepreneurs is to "never be technology in search of a market."In other words, building a better mousetrap is not a viable business in a neighborhood with no mice."Startups can't afford to educate a market," says Wayne, whose firm supplies while-label online video platforms to business customers.That means ...

Lessons Learned: Sphere's Tony Conrad says find a hard problem to solve

by John Shinal, November 12, 2007 | Comments

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Build the right team; be frugal; find a big problem

Tony Conrad currently wears two hats. He's the CEO of Sphere, a blog search engine that helps sites and their readers find more information about topics they're already reading or writing about.He's also a partner with the San Francisco venture capital firm True Ventures. In his investor role, he sits on the board of Automattic, which developed the open source ...

Lessons learned: Pixsy CEO Chase Norlin says getting beat up is a good thing

by John Shinal, November 8, 2007 | Comments (1)

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The most important lesson that Pixsy CEO Chase Norlin has learned in his three trips on the startup wheel is that "you have to be getting stuff done all the freakin' time."Norlin, whose video-search firm is going toe-to-toe with rivals ranging from YouTube to Truveo, also says it's a good thing "that you're going to be getting beat up all the time."One of the biggest challenges is surviving the peaks and valleys that come with the territory of startup CEO. "Sometimes, ...

Lessons learned: Quickeo CEO Arnaud de la Fouchardiere

by John Shinal, November 7, 2007 | Comments

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Be humble; Build the startup in the U.S.

If you're a startup CEO trying to convince Web users to share multimedia content via private emails, rather than through big social networking sites, you've got a big task ahead of you. No surprise then that one piece of advice from Quickeo founder Arnauld de la Fouchardiere is to "always be positive and enthusiastic, even if things are difficult." de la Fouchardiere, who counts ...

Ujogo CEO Eric Gonzales, poker player, taking a gamble on a market with "legal grayness"

by John Shinal, October 31, 2007 | Comments

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Given that it's an online gambling site that has launched its beta with a poker game, Ujogo has challenges that go beyond the usual ones experienced by most startups. As founder and CEO Eric Gonzales tells Vator.tv's Bambi Francisco, a lot of investors were scared off by the "legal grayness" of Ujogo's business plan in the wake of the crackdown by federal authorities on other poker and gambling sites. That forced Gonzales, a former partner with Doll Capital Management, to structure the company in a way ...

Lessons Learned: Cittio's Jamie Lerner on nickels and manhole covers

by John Shinal, October 29, 2007 | Comments (1)

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Don't believe the hype and challenge the business

Jamie Lerner, the founder and CEO of Cittio, says he learned from his entrepreneur father about the three "I's" -- "intelligence, integrity and intensity" -- which can help startup executives overcome a lot of challenges. Lerner, whose company sells software systems that let enterprises automate the process of monitoring their networks, also advises other entrepreneurs run their businesses economically, by ...

Woome CEO about passion and thick skin

by John Shinal, October 25, 2007 | Comments

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Lessons Learned: Woome CEO Stephen Stokols talks about passion and thick skin

Stephen Stokols, founder and CEO of speed-dating Web site Woome.com, learned a few things while running his first startup, JustWhatIWant.com, which was sold "profitably" at the height of the dotcom bubble in 2000."Don't ignore the macro conditions," says Stokols, who also helped revamp the search portal AltaVista before it was sold.Based on the number of Vator.tv viewers who have checked ...

Lessons Learned: Tony Perkins on Rupert Murdoch and Steve Jobs

by John Shinal, October 24, 2007 | Comments

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For someone who's made a career out of challenging traditional media companies, Tony Perkins has an unlikely hero: "Uncle" Rupert Murdoch, chairman of News Corp., the global news and entertainment giant. That's just one of the surprises in this video clip from Perkins, whose latest venture is the AlwaysOn media network, an online community-based news site covering tech, green tech and media companies. Perkins, who co-founded Red Herring magazine in 1993, "when no magazine was covering the growth industries," says he ...

Lessons from entrepreneurs: BuzzLogic's Todd Parsons on persistence

by John Shinal, October 22, 2007 | Comments (1)

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BuzzLogic co-founder and chief product officer Todd Parsons says learning to listen to your gut and your market are two of the most valuable lessons for a startup entrepreneur. In Vator.tv's latest installment of our series where we ask startup execs and investors to share with our audience what they've learned, Parsons also cites the oft-repeated entrepreneurial mantra of persistence. "Persistence solves problems," Parsons says, explaining how he and BuzzLogic CEO Rob Crumpler met with between 30 and 40 Silicon ...

Lessons learned: What Sergey and Larry taught Michael Moritz

by John Shinal, October 18, 2007 | Comments

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Where you want to be is at the collision of a talented team and an emerging market

Usually, it's the startup execs who are asking for advice from their board members. But in this, our latest installment in our series on the entrpreneur's challenge, high-powered Silicon Valley venture capitalist Michael Moritz shares what he learned from Google founders Sergey Brin and Larry Page during Moritz's seven-year tenure on the Google board. Since 1986, Moritz has been a partner ...

Lessons Learned: Wize.com's Tom Patterson

by John Shinal, October 15, 2007 | Comments

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People, focus and watch the bottom line

The latest segment in our series about the entrepreneur's challenge comes from Tom Patterson, the CEO of Wize.com, the product research and ranking site. Patterson offers blunt advice to other startup executives: don't hire people who aren't ready to sacrifice their personal lives. Also, according to Patterson, a former entrepreneur-in-residence at the venture capital firm Mayfield Fund, companies should focus ...

Apple whacks the iPhone hacks - a lesson in mobile-market power

by John Shinal, September 28, 2007 | Comments

Apple’s decision to make good on its threat to disable hacked iPhone units with a software upgrade should leave little doubt as to who has the power in the company’s partnership with AT&T. (Hint: it's not based in Cupertino.) The move is telling given that the iPhone is a smash hit, with one million sold in less than three months. Its popular features, which rivals are fast duplicating, mean that a big percentage of those who bought it likely would have ...

Lessons Learned: Mark Leslie says be authentic

by John Shinal, September 13, 2007 | Comments

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Right product, right market, right time, is better than the right team, wrong product, wrong time

If an entrepreneur with an OK team has the right product, right market, and right market conditions, they have a high likelihood of success because the rise with the tide, and importantly. Importantly, venture capitalists (should they be involved) can swap out the team for a better one. If a group of A-team entrepreneurs get together and create the wrong ...

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