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When Google Wants To Buy Your Startup, It Sends You An Email That Looks Like This
Twitter Jeremie Berrebi, investor and founder of Zlio In 2007, Google reached out to a startup it wanted to buy called Zlio. Zlio was founded in 2006. Google told Zlio it would work quickly to get the acquisition deal done. Berrebi says he signed the NDA and Google did make an acceptable offer, but after 30 days there was no final term sheet. The decision not to join Google cost Zlio its life. Still, Berrebi says he has no regrets. So what does an acquisition email from Google look like, anyway? Here's the email Zlio received, below: (This email was originally posted on Berrebi's blog and has been reprinted below with permission): Jeremie Thanks for this. 1) sign the nda so we can start to exchange info – this is our standard nda. I will take all this and the corporate presentation you have given me and create a presentation for internal use to our executive board (Larry, Sergey and Eric) for approval to negotiate then issue a termsheet to you
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How to Make Wealth
May 2004 (This essay was originally published in Hackers & Painters.) If you wanted to get rich, how would you do it? I think your best bet would be to start or join a startup. That's been a reliable way to get rich for hundreds of years. Startups usually involve technology, so much so that the phrase "high-tech startup" is almost redundant. Lots of people get rich knowing nothing more than that. The Proposition Economically, you can think of a startup as a way to compress your whole working life into a few years. Here is a brief sketch of the economic proposition. Like all back-of-the-envelope calculations, this one has a lot of wiggle room. If $3 million a year seems high, remember that we're talking about the limit case: the case where you not only have zero leisure time but indeed work so hard that you endanger your health. Startups are not magic. Millions, not Billions If $3 million a year seems high to some people, it will seem low to others. Money Is Not Wealth The Pie Fallacy Notes
50 Kick-Ass And Creative Dark Website Designs | Spyre Studios
Dark web designs are my personal favorite so I felt it was needed for me to showcase some of the best from around the web. Not only are they creative, eye catching and interactive, but they’re truly different than what most websites look like today – with the light, clean minimal designs taking center stage lately, there’s something to be said about a killer creative website that’s dark & eye catching. So below I’ve compiled 50 of the coolest, most kick-ass creative dark web designs the web has to offer. You’ll notice that sites like Carsonified are not on the list (even though it’s dark and kicks ass), this is due to the fact that we’ve recently featured it in another article here and I want to make sure you’re seeing the NEWEST, COOLEST websites around – not the same web designs reused in numerous posts. Also, do not forget to check out the dark minimal web design article we posted a while back – if that’s your kind of thing :) Pop Labs ↓ The Photo Argus ↓ Ryan McMaster ↓ Oink Fu ↓ Tanq ↓
What do you need to do before you quit your job to form a startup company
Browse > Home / Incorporation / What do you need to do before you quit your job to form a startup company? There are various things a potential founder of a new startup company needs to do before quitting their job. 1. Review all agreements with your current employer. Most employees may have signed an offer letter and a confidential information and invention assignment agreement, as well as other documents such as a stock option agreement. Depending on the company and the employee, other relevant documents might include a employment agreement, employee handbook, conflict of interest policy or severance/separation agreement. Reviewing the documents for the following provisions is important. Confidentiality. A typical invention assignment clause provides: (1) Relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated research or development of the employer; or Invention disclosure. A. B. C. No moonlighting. 2.
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Will it fly? How to Evaluate a New Product Idea
I've been thinking about a number of new product ideas lately. In doing so, I've been trying to come up with a more structured way of evaluating them. Here's a first attempt at defining that. Tractability Question: How difficult will it be to launch a worthwhile version 1.0? Blogger was highly tractable. Tractability is partially about technical difficulty and much about timing and competition—i.e., How advanced are the other solutions? In general, if you're tiny and have few resources, tractability is key, because it means you can build momentum quickly—and momentum is everything for a startup. If you're big and/or have a lot of resources—or not very good at spotting new opportunities, but great at executing—a less-tractable idea may be for you. Obviousness Question: Is it clear why people should use it? Everything is obvious once its successful. Number two is more affected by the design of the product than the idea itself. Deepness Question: How much value can you ultimately deliver?