Showing posts from February, 2012

Quiz Time 40

1)Identify him and he coined which famous term?

2)The recently unveiled BSNL Tablet has been made by BSNL in collaboration with which other company?

3)Which famous company's tagline is "Be What's Next"?

4)Identify this machine and who invented it

5)How is a mobile phone blind-friendly?


Posses, Posers, and Pushers – An Entrepreneur’s First Tradeshow

by Julia Kastner

The hardest thing about being the little guy (or girl) at a big, bad trade show is that you have no idea who is who. I went to the MAGIC trade show in Las Vegas – one of the biggest events for fashion and retail in the world. The way I’ve been describing it is that it’s a department store for department stores – a place where buyers for Macy’s, Nordstrom’s, Saks, and thousands of boutiques come to see what brands are offering for the season a year from now - Spring/Summer 2013. As an entrepreneur with no sample (or prototype) yet, I went to observe, learn, find producers for the denim company I am building, and hopefully meet some customers (as per our note on Customer Visits). I wanted to meet some retail buyers who could give me feedback on denim designs I outsourced. I achieved many of my goals, but the buyers proved elusive. These were my observations:
People seemed to travel in packs – each company moved in its own little posse – making it hard to introduce …

Quiz Time 39

1)Identify him

2)Name the game engine used by Crytek to make first person shooter games?


Hint-The connect is a technology which revolutionized text editing :)Mention how u arrived at the connect

4)'X' was an early computer research project developed by DARPA in collaboration with University of Berkeley.It aimed to produced a time sharing system.It pioneered many computer hardware techniques like memory paging, and protected memory.Identify X?

5)Identify him and he is the CEO of which company?

6)Which was the most famous mainframe computer produced by DEC in 1960s?

7)Expand API?

8)Which famous tech personality first coined the term "Bug"?

9)Identify him?


Hint-The connect is an American Multi-National.Yes,its related to technology only.The first two are a direct hint while 3rd is too difficult to connect.
Just think laterally!!And do write how u arrived at the connect.

Product Market Fit in Health IT Training

By Dan Gebremedhin, M.D.

Several studies have shown that when healthcare workers implement new forms of Health IT (Electronic Health Records and other systems) their productivity drops as they are learning to use these new systems. (Click here to learn more about EHRs.) 

In attempting to solve this problem, our company has created a robust online training platform. The platform has proven effective in returning users to full productivity faster than the industry standard. Despite this evidence, customers have been reluctant to purchase access to the platform. In this blog entry, I’ll outline the evidence for the effectiveness of our product and begin to examine whether or not there is product market fit.

The Research
There have been a handful of studies that have looked at productivity drop with Health IT adoption. Bhangrava et al, found that providers uniformly dropped in full productivity by 25-33% for at least one month after EHR implementation. After 3 months out, internal medicine ph…

Reflections on leaning a business idea

By Aditya Dhanrajani

Last week, our class spent 2 hours in a business model exercise where we explored some of our classmates’ startup ideas/products. The idea was to elaborate on the business models of these startups, identify the key hypotheses that the startup was hinged on and explore potential tests that could be run to (dis)prove those hypotheses. Given this was the first time I went through this process I realized that some parts of the process were surprisingly more consuming and had larger implications than I would have anticipated.

Nailing down the business model is key and it drives everything.

Being able to articulate a crisp business model that encompasses, the customer value proposition, got-to-market strategy, technology/operations and the profit formula is a challenging but necessary task. The progression of the four elements of the business model feed into the next. The customer value proposition defines the customer which dictates how we get to them, which influences ho…

Quiz Time 38

1)What is this award and it is given in which field?

2)'X' is a kerela based programme to accelerate E-Governance at all levels of the government .It has won the above award too.Identify X?

3)Who coined the term webcasting?

4))Identify him and he is known for promoting which technology?

5)Identify this project by wikipedia?

6)Identify this logo

7'X'  was launched within the Royal Norwegian Navy in 1848, but by 1852 the plans were public and the Parliament of Norway decided on a plan for constructing the telegraph throughout the country. 'X' started off started off in 1855 as a state-operated monopoly, named Telegrafverket. Identify X?

8)What is this device?

Both are same type of device

9)What is this better known as?

10)Expand ISO

Reckless Cloners or Innovation Adopters?

By Andrej Rusakov

The criticism of technology start-up “cloners”, who take innovative but proven business ideas from the U.S. and copy them in Europe, Latin America, and China is raging. Silicon Valley entrepreneurs claim that “me too” companies discourage innovation as they limit initial innovator’s upside and thus prevent true entrepreneurs from launching new ventures. Venture Capitalists, however, do not seem to mind, and continue to pour increasingly large funds into copy-cats (e.g. Samwer brothers recently raising $700 million), viewing them as lower risk compared to “new-idea” start-ups as the product/market fit has already been validated in “me too” companies. Who is right here? Do “me too” businesses add value to the society? Can their founders be called entrepreneurs or are they simply executors?

Innovation Adopters?

From a societal point of view, copy-cats do add value. They foster competition and bring innovative products to new markets fast. Why should a billion people in Ind…

Being in control versus being a control freak in a lean startup

by Jennifer Hepworth
I’ve been thinking a lot recently about the notion of control. I’m generally a person who feels most comfortable in the driving seat, having decided on a destination, figured out the best way to get there and chosen the sound track. This attitude has gotten me a lot of places, and I think a strong sense of personal responsibility for outcomes is an important quality and a Good Thing.
There’s a line. On one side of the line is being in control and on the other is being a control freak. I’m not saying I’ve been there and made large and messy mistakes and learned the hard way that control-freakery must be avoided, but I’m fortunate enough to have met some very smart people with relevant things to say on the topic which will hopefully prevent me from heading down that path. 1. Great entrepreneurs know what they’re bad at, and hire awesome people to do it for them (Mike Cassidy).

In some ways, Steve Jobs was the consummate control freak (just check out A…

Tactical Intervention releasing this March...

In 2010, it was revealed that Minh Le, the co-creator of the original Counter-Strike, was working on a new multiplayer first person shooter named Tactical Intervention. The game, developed by FIX Korea under Le's leadership, held a few closed beta testing events in 2011 but since then there hasn't been much in the way of news about the game. The game's new official web site at OG planet has now gone live where players can sign up to join the new closed beta test. You can check out some new gameplay footage below. 

When Managing Salespeople, Stage Matters

by McCann, Erin

Does sales management really come down to pushing back on excuses? Several founders have asked me this question in response to Mark Suster’s sales management advice. As a former tech sales executive, I agree with many of his lessons -- when applied to later-stage, post-traction point startups [1]. However, I advocate a more nuanced approach for early-stage startup teams, and suggest the following exceptions when managing your earliest sales hires.

Feedback isn’t always an excuse
Early sales hires understand your clients best. While product managers often obtain direct client feedback [2], your salespeople touch far more accounts at a higher frequency, and thus frequently receive the most candid feedback. While I support Suster’s claim that clients don’t buy features, they can provide valuable information, as we saw with RentJuice’s pricing model [3]. I’m not suggesting accepting justification for missing targets – just disaggregate the feedback from the sale. Salespe…

How much can you cheat?

by Julien Hagege

For many entrepreneurs network effects sound like a distant promise of a $100 billion jackpot. In a crowded space with only a finite span of user attention, it is no surprise that most will fail and that some will try anything to succeed. Triangulate struggled whether to ‘play dirty’ and use ‘sleazy’ marketing tactics to boost user trials. Last week Path – a social media app - has been dragged through the mud when a hacker revealed that the app was uploading the user’s address book to Path’s servers, without his/her consent. It was indeed very tempting to snatch such data to generate leads and to foster growth, but at what cost?

Today the consensus around private information appears clear: one should not gather private information without the user’s consent, or at least without making it public to the blogosphere (so that bloggers / twitters can denounce any abuse). Path, Carrier IQ and others played ‘dirty’ and paid a hefty price: losing customer’s trust. Path’s CEO h…

How Sleazy Is Too Sleazy In Acquiring Customers: The Three Product Qualities That Matter

by Michael Schrader
We’ve all seen the methods: Spam emailsFree trials that automatically convert into paid subscriptionsInstallation of products or spyware without sufficient warningOverhyping services and under-delivering once installed/purchasedRelentless posts to your Facebook profile
It’s obvious that some companies believe that these are acceptable, and may even be in users’ best interests. So when is this behavior acceptable and when will customers push back? While we don’t have clear data, we can infer from recent examples that there are four strong variables that decide just how much sleazy behavior customers will put up with: 1) How much true value does your product or service offer? Facebook has shown the world that a valuable platform can get away with extremes in questionable practices. Examples such as Beacon, which tracked user’s online purchases and posted the updates online, have drawn uproar from users, yet Facebook continues to grow, with more than 845 million users…

Pennywise, but dollar foolish – What pitfalls can happen when trying to be “lean”

by Felipe Arias

The lean mentality has allowed startups to identify key issues and potential pitfalls at an early (and cheaper) stage in their lifecycle and has provided entrepreneurs with the data necessary to pursue ideas or pivot accordingly. Certainly, putting into place rigorous thinking that drives an entrepreneur to develop a vision, translate that vision into a set of testable hypotheses, identify what part of the vision is required to be tested through a minimum viable product, prioritize the tests, and then iterate through learning before spending on scaling and optimization makes intuitive sense. In practice, the drive to be “lean” can push entrepreneurs to miss opportunities, avoid key tests due to difficulty and cost, as well as misattribute the competitive advantage that will be developed by their business. Below, I include three pitfalls uncovered by those brave enough to go before us. In these pitfalls, entrepreneurs may feel that they are wisely conserving resources, b…

We’ve seen a lot of companies struggle to achieve viral growth: Aardvark, Triangulate, Cake.

What’s going on? Does LTV have a skewed sample, or is it hard to harness viral growth?

by Jeanne Hwang
After three afternoons of work, we got an abysmal 10 sign-ups. The challenge was to create a viral campaign to get as many new members as possible for Gilt’s JetSetter website. Our campaign was to draw travelers into a contest to match photos with a destination, share their own photos and enter a raffle for becoming a member. We knew virality wouldn’t be high, but we thought, “boy, don’t you want others to see your awesome travel photos and share this great opportunity with your best friends?”
The answer was NO. Our viral coefficient was effectively zero (virality (K) = number of invitations sent (i) * conversion %), as new members had no incentive to increase the number of raffle participants, which decreased their chances of winning. It seems obvious now, but we hoped that we could attract most of the new members through our own outbound marketing (Twitter, Facebook, blogs) supplement…

What is the role of an MBA at a technology startup?

by Michael Quinn
Many skeptics are questioning the value that an MBA brings to an early-stage venture. These concerns have only increased as some of the most successful recent technology startups, such as Facebook, Google, and Dropbox, were started by engineers. Has the MBA lost its value in the fast-paced world of technology?
I don’t think so. In fact, I believe that the lean startup methodology may increase the value of an MBA. Lean principles encourage entrepreneurs to utilize hypothesis-driven development to avoid building a product that no one wants. In the early stages of a venture, fast development iterations and frequent customer feedback is vital. While engineers obviously play a pivotal role in executing fast software iterations, hypothesis testing is only as good as the hypothesis being tested. This is where an MBA can add value.
Engineers are taught to objectively look at a well-defined problem and attempt everything they can to try to solve it. After all, it was Thomas Edis…