mikekarnj

10 ms·

61.
by mikekarnj 17y ago
At the very early stages of a business, I think the CEOs should focus 80% of their time on marketing and growing their business (getting new customers, building community, etc), and 20% of their time developing the actual product. The dev t
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New Startup Investment Model(mikekarnj.com)
16 points by mikekarnj 17y ago|8 comments
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by mikekarnj 17y ago
What do you guys think of algorithms? Do they work well? Know of any good examples?
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New York Times: The Anti-Social-Network Social Network(bits.blogs.nytimes.com)
6 points by mikekarnj 17y ago|2 comments
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by mikekarnj 17y ago
That's a great point Spencer. However, I think companies that want to scale faster will need to take investment. Why wait a year to get enough cash in the bank to hire more people when you can do it now? Opportunity costs are tremendous.
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by mikekarnj 17y ago
Totally agree. I would rather invest into companies that are starting to pick up traction. Just a personal preference. And invest into superstar entrepreneurs that are about to launch something versus investing into their idea.
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by mikekarnj 17y ago
Ha. That's a great point. Never thought of it like that either. I'll started returning 2-3% in gifts as well.
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If I Started an Investment Fund(mikekarnj.com)
16 points by mikekarnj 17y ago|10 comments
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New York 100(alldaybuffet.org)
1 points by mikekarnj 17y ago|0 comments
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by mikekarnj 17y ago
Thanks for all the comments. Like all entrepreneurs, I believe that the team will overcome any obstacles that get thrown in it's way. Also, I obviously do not come from the finance/banking world which is why I would fill those weak areas