Notes Essays—Peter Thiel’s CS183: Startup—Stanford, Spring 2012

Understanding How Dilution Affects You At A Startup Editor’s Note: This is a guest post by Mark Suster (@msuster), a 2x entrepreneur, now VC at GRP Partners. Read more about Suster at his Startup Blog, BothSidesoftheTable. Everybody knows that when you raise money at a startup your ownership percentage of the company goes down. The simplest way to think about this is: If you own 20% of a $2 million company your stake is worth $400,000. But understanding how you’re likely to get diluted over time is a more difficult concept. I’ve had to simplify a bit, but to make it easier to understand I’ve teamed up with Jess Bachman at Visual.ly. And Jess is awesome at his trade. So here is our crack at explaining the world of dilution to you.

Packard-Foundation-OE - GEO Learning 2011 - Achieving Collective Intelligence Eugene Eric Kim, Blue Oxen Associates Session Description We can do better together than individually, right? We know this is true. There are countless examples in nature, in systems, and in society that validate this premise. Related Blog Posts Session Notes Eugene's storyHelping groups collaborate more effectively for almost a decadeHis mentor, Doug Engelbart, set him on that path Doug known for his inventions -- the mouse, the graphical user interface, hypertext -- almost every aspect of modern, networked, personal computing. Collective Intelligence The premise underlying "collective intelligence" is that the whole is capable of being greater than the sum of its parts, that one plus one can be greater than two.There are plenty of examples in the world where this holds trueFavorite example: ants, because they are so instructive in so many ways. Doesn't really look like a world map. Others followed suit. Framework for Unleashing Collective Intelligence Philanthropy Eugene's Ask