Creating the right advisory board for your startup can be the single most important step you take in building a new business. Jay Samit Read Quote
With less and less television being watched live, consumers are enjoying the freedom to record at home or in the cloud, watch locally or on the go, and binge watch entire series that they never had the time to enjoy. Jay Samit Read Quote
Whether you stay private or go public, after all is said and done, a CEO’s job is to create lasting shareholder value. Jay Samit Read Quote
In my experience, there are only two valid reasons to take a company public: access to growth capital and investor fatigue. Jay Samit Read Quote
Too many startups get in the habit of continually raising more and more money, which has the deleterious effect of both pushing out profitability and limiting your exit options. The less rounds of capital you need to raise, the more of your company you get to own. Jay Samit Read Quote
You will always need more capital than you think, because it will always take you longer to reach profitability than you can imagine. Jay Samit Read Quote
Every company, regardless of size, is competing for the same pool of talent, which is why top recruiters can even command equity for finding key hires. Internships give startups a chance to hire the best and brightest from our universities at a fraction of the cost that these same minds will command when they receive their degrees. Jay Samit Read Quote
When Thomas and John Knoll launched Photoshop 1.0 in 1990, the software couldn’t even handle color images. But their offerings got the startup noticed by Apple and Adobe, both of whom became key to the fledgling company’s later success. Jay Samit Read Quote
Companies with significant revenue (more than $100 million) have, by definition, significant traction. They have proven out their thesis and can scale up or down as investment capital becomes available. Jay Samit Read Quote
Too many investors overvalue companies in the near term while undervaluing them in the long term. Jay Samit Read Quote
