Chet Bozdog is Off by 50% – Bad Data, Broken Process

Chet Bozdog, co-head of TMT Banking at Bank of America Merrill Lynch, was recently presenting data at their Technology Innovation Summit, and he shared this slide about private companies worth more than $1 billion.  It’s a good looking slide, but it is wrong. By a lot.

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The New Credential – Raising Venture Capital

“When I was at Harvard…”

“While working at McKinsey..”

“After Goldman…”

If you live in NYC, you’ve probably met folks who work this into the first 5 minutes of their conversation with you. It is credentialing at its finest.

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You Look Like The Skimm – Why Thank You

We changed up the format for today’s newsletter for 4 reasons.

  1. Wanted to see if open rates would increase
  2. Would engagement go up (as measured by clicks)
  3. Would our readers like it more
  4. Because we like to experiment

We asked for feedback from readers and got some great responses.  My favorite was the following:


New format feels too much like ‘The Skimm‘.

This was a nice compliment. And the kind of feedback we love to get.

Halloween Debate – You’re Not a Princess

Halloween was always my favorite holiday. It still is, but it’s become more stressful since becoming the dad of a little girl and choosing a costume for her. My daughter’s choice for a costume changes daily from ninja turtle to princess to spiderman to batgirl.

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Notes from Noah Kagan Marketing Seminar

This is an email I sent to our team about a marketing workshop I recently attended.

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Online marketing is not one thing

We’ve been exploring how to become better at online marketing and looked for someone to head up our efforts here. I think in retrospect, we were looking for too much.
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Customer Ethnography for Tech Companies

“Ethnography is the branch of anthropology that involves trying to understand how people live their lives. Unlike traditional market researchers, who ask specific, highly practical questions, anthropological researchers visit consumers in their homes or offices to observe and listen in a nondirected way. Our goal is to see people’s behavior on their terms, not ours. While this observational method may appear inefficient, it enlightens us about the context in which customers would use a new product and the meaning that product might hold in their lives.” (source: HBR)

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Culture as a service

Culture is about beers before peers but getting peers together does sometimes require effort. There is planning, coordination, idea selection, etc aka effort.
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I love when Quora gets discussed on HN like it did yesterday.

I find Quora to be a useful service and while I’m not sure it’s the next big thing, I’ve found it entertaining and occasionally useful.

But the HN crowd hates because they

It’s a crazy world out there

I went to dinner last night with some good Penn friends – 2 VC guys, one private equity guy, one hedge fund guy and 1 full time poker player.
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