Today, while reviewing the background of an individual, I was disappointed to see that the education listed on Linkedin was not correct, and this does support my argument that many profiles on LinkedIn are becoming increasingly “superficial, eccentric and flaky.”
Moving forward and to save time, I will ask for references immediately plus a properly written and updated CV.
No reason to run to the Middle East.
I do feel that many European startups take a much leaner approach in building a company base with reliable traction first. As there traditionally has been less money to be distributed, the European early-stage companies are often much smaller and need to work frugally. Given the reset in VC funding and the SVP shock in the United States – many smaller venture capital companies and their early-stage investments will be “flushed out”.. and disappear. In my opinion, this is a “natural” correction.
Below is a book that was very popular 10+ years ago and if you’re not familiar with these principles you should buy the book for your team, and practice practice practice !! No reason to run to the Middle East.
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The EU plays a crucial role in world affairs, promoting democracy, fundamental freedoms, and the rule of law globally. It is a major provider of development aid and works towards making the world a safer place.
GDP: as one of the world’s biggest economies, GDP or the total value of all goods and services produced in the EU is €17 trillion. Germany has the largest share, followed by France and Italy. Services account for 72% of the EU’s GDP, and industry for almost all of the rest.
Trade: the EU is the world’s largest exporter of manufactured goods and services. It accounts for around 14% of the world’s trade in goods.
https://european-union.europa.eu/principles-countries-history/facts-and-figures-european-union_en
The text below is a reminder to everyone that is investing as well as those willing to take on the adventure of building their own start up company.
“Approximately 70% of startups fail. Of the remaining 30%, some will deliver a 3–5x returns, which is considered a very good return. But the VC still needs roughly 5% of their companies to deliver 10 to 100x returns to balance out the losses, and drive significant returns.”
Are you solving a problem for a set of customers, or a market, in a repeatable way ?
(Matt Murphy, Menlo Ventures)
While many companies have technical expertise, their focus on value positioning / marketing and customer communications often fall to the side. A perfect example is the number of AI and ML companies still offering to build models – please stop already. Communicate a different message to show tangible value.
Please also read this book .. so that you continue to offer value, and not just another “me-too” technology.
