Sunday, August 5, 2007

Advice from Marc Andreessen on IT Start-ups

Anyone interested in launching their own IT startup may find Marc Andreessen's blog a valuable resource and/or reality check. In his article, "The Pmarca Guide to Startups", he shares his experiences and "lessons-learned" from the perspective of a Silicone Valley insider and also as a co-founder of three companies, Netscape (sold to AOL for $4.2B ), Opsware (formerly Loudcloud, sold to HP for $1.65B), and now Ning. In addition, his broad range of experience includes working for and with large companies as well as 40 - 50 other startups in one capacity or another.

Part 1 - "Why not to do a startup" (also check out the closing metaphor): http://blog.pmarca.com/2007/06/the_pmarca_guid_1.html

Part 2 - handling risk
Part 3 - discusses VC funding
Part 4 - what matters most; team, product, or market
Part 5 - his perspective of working with large companies and the dynamics of decision-making on any issue in a big company
Part 6 - appropriate amount of funding for a startup
Part 7 - the initial business plan or lack thereof ("...the ability to rapidly adapt is more important than having everything figured out at the start")

No comments: