a networking group for entrepreneurial engineers in Silicon Valley. The plan is to get together once a month in a casual atmosphere, have a couple beers and a slice, and ask questions of an invited guest who has good stories to tell about starting a tech company. It's basically a geek kegger with a slightly more directed chat in the middle.
And it was good.
We had time to get acquainted while folks arrived and discovered the beer. Then we moved into a large conference room where we got to hear about the experiences of Joe Kraus and Graham Spencer (of Excite, Digital Consumer, and JotSpot fame).
While they said a lot of interesting things, there are two I really picked up on. First, on the topic of keeping control as a startup grows into a larger company, Joe said that you need to decide early on what you want: control or success.
They also talked quite a bit about the importance of hiring the right people, noting that it's better to hire nobody than to hire the wrong person. And it may be a good idea to put of hiring as long as you possibly can--keep it small until you can't afford not to.
I can't really do the discussion justice--or the many conversations that sprung up over the beer and pizza that followed. But it was all Good stuff.
Posted by jzawodn at January 11, 2005 11:27 PM