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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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How to Get Busy People to Take Action When You Send an Email

Both Sides of the Table

On my most important ones I spend as much time figuring out what to cut out as I do putting into the writing of it. Many people write email without a “call to action” or reason they’re writing the email. Write to one person at a time. This is critical and was the reason I sat down to write this post.

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Technical Advisors: Every Startup Needs One

TechEmpower

Specifically, they should know about, and help with: Asking and answering the 53 Questions Developers Should Ask Innovators Knowing when and how to bring on development talent ( Hiring Developers Before Product/Market Fit? , They look at the code produced on a regular basis to ensure that it’s high quality and right for you.

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Document Your MVP for a Developer

SoCal CTO

I was talking with an early-stage founder who has a product vision and wants to get it built. He wanted to get input from me on what he's doing, and he wants to begin to ask developers what it would take to build his product. Me : Product definition, use cases, feature list, wireframes, comps, really whatever you have.

Develop 354
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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

Your product demo crushed. You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. But the real product being bought or sold is “trust.” You had an amazing meeting with an investor.

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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. Starting in 2009 I began writing checks consistently, year-in and year-out. It was 1991.

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Web Second, Mobile First

Both Sides of the Table

I’ve wanted to write a blog post called “Mobile Second” for a long time to make this point more forcefully. But on the other hand if you have a product with a very high gross margin (software, virtual goods, etc.) I believe in integrated products. I love using Yelp’s mobile product.

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