Summary of Shirish Nadkarni's From Startup to Exit
By IRB Media
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About this ebook
Get the Summary of Shirish Nadkarni's From Startup to Exit in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: With the advent of the internet, mobile computing, and now AI/Machine learning and cloud computing, the number of new startups has accelerated over the last decade across tech centers in Silicon Valley, Israel, India, and China.
From Startup to Exit shares the knowledge that pioneering, serial entrepreneur Shirish Nadkarni has gained from over two decades of success, detailing the practical aspects of startup formation from founding, funding, management, and finding an exit.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
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Summary of Shirish Nadkarni's From Startup to Exit - IRB Media
Insights on Shirish Nadkarni's From Startup to Exit
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 1
#1
In 1997, Microsoft was planning on acquiring Hotmail, a web-based email service, for $400 million. The company’s founder, Joe Greenberg, refused to sell to Microsoft and instead built a successful email service called TeamOn.
#2
TeamOn was a good idea in theory, but ahead of its time. It was difficult to use a web-based email solution, and most people didn't care about group calendaring/scheduling services.
#3
The author was traveling with his family when he realized that his teenage kids had almost no conversational skills in Spanish, which reinforced his belief that conversational practice is crucial for language acquisition.
#4
Livemocha. com and TeamOn. com are two of the most successful language learning websites.
#5
Before deciding to invest in a particular business idea, venture capitalists consider the idea from a number of different angles, such as the probability of it becoming a hit, the probability of it failing, and the probability of it creating value.
#6
Before launching a new product or company, strive to fill a need that was not previously met. Otherwise, you will end up like Microsoft’s competitors, who tried to replicate their products and ended up copying Microsoft’s instead.
#7
The best opportunities for disruption happen when an industry is in the midst of a major transformation. During these times, incumbents are typically slow to respond because they are focused on maintaining their status quo.
#8
Livemocha is a language-learning platform that is completely free to use. However, in order to access more advanced features such as video lessons and conversations, users have to pay for a subscription.
#9
Looking ahead, the COVID-19 crisis is causing a global transformation in how we work together, how commerce is conducted, and how experiences are delivered. As a result, companies are implementing digital transformation to create Digital First work from anywhere experiences with increased automation.
#10
The advent of cheap GPU-based computing power and AI/ML services offered by Amazon Web Services, Microsoft Azure, and Google Cloud Platform has led to the emergence of a whole new generation of AI/ML-based startups that are disrupting existing players in their markets.
#11
Another way to create a network effect is through marketplaces and social networks. As more people use your service, the more value it provides to the community, which in turn attracts more users.
#12
Having a viral aspect to your application can dramatically reduce your overall cost of acquisition and drive rapid customer growth. It is