blinkx

  • Socialmedian on raising a little vs. a lot

  • 00:07:54
  • Vator TV
    • Browse

Socialmedian on raising a little vs. a lot

Founder and CEO Jason Goldberg on why money is a temptation to do foolish things After raising $50 million for Jobster, Jason Goldberg decided to fund his new startup socialmedian in a very different way. "The biggest lesson I’ve learned when it comes to financing companies is to keep your startup small and keep it resource-constrained in the early days," he said, in this "Lessons learned" segment. "In some ways money is a temptation to do more than you should be doing. It tempts you to build larger teams than you need." In the early stages, focus on "product, product, product," he said, adding that the only resources you need initially is enough to get the product right. By limiting access to cash, entrepreneurs are forced to think hard about every decision. Every decision becomes ... [ Read more ]

Vator TV | September 23, 2008Watch more videos from Vator TV

Tags:. .hard. .companies. .lot. .every. .keep











Access   Becomes   Biggest   Build   Cash   Ceo   Companies   Decided   Decision   Different   Doing   Early   Enough   Entrepreneurs   Every   Financing   Focus   Foolish   Forced   Founder   Fund   Goldberg   Hard   Initially   Jason   Keep   Larger   Lessons   Limiting   Lot   Million   Raising   Read   Resources   Segment   Should   Small   Stages   Startup   Temptation   Tempts