#startups
To win, startups need to lean into their advantages because they’re a decade away from the kinds of moats enjoyed by established corporations. This means they need to work smart (i.e., mostly do the right things) and work hard (i.e., execute at a pace and with intense risk tolerance).
Conveying complex ideas through language often results in loss of nuance, leading to misunderstandings and flawed approaches to problem-solving.
Startups should try to hire salespeople in pairs. This is particularly important when spinning up a new channel (e.g., launching in a new market, opening up a partner channel, or kicking off outbound sales).
The introduction of a new tax on superannuation earnings over $3 million, including unrealised capital gains, is raising concerns about negative impacts on self-managed superannuation funds (SMSFs).
Founders historically relied on media and publicists to share their narratives, but with the ubiquity of social media and email, they no longer need these traditional gatekeepers.
Under proposed changes in Australia, acquisitions exceeding certain financial and market share thresholds must be reported to the Australian Competition and Consumer Commission (ACCC), with initial reviews taking 15 or 30 days.
Direct customer engagement by founders is highly valued in early stages.
A few years ago, the New York Times chose to apply an investigative and critical approach to technology reporting, focusing more on scrutiny than on business or consumer interests.
Hyrum’s Law states that with enough users, all behaviours of an API will be relied upon, regardless of the intended contract.
As great as it would be to solve all problems with clearly defined processes and documented knowledge, the reality is that most organisational knowledge tends to be tacit. So, companies should factor this into their ways of working.
The research investigates whether organizations have strategies for managing tacit knowledge, which may affect their performance both materially and non-materially.
Organisations must improve retention of tacit knowledge to increase staff productivity and improve managerial decision-making, as traditional methods like explicit knowledge and old training courses are inadequate.
Adding new sales representatives reduces productivity as they may have lower closing rates than experienced reps due to unfamiliarity with the product or industry.
The study examines the effect of disagreement on team performance in a game that simulates positive production externalities.
The Australian Labor Party aims to increase the criteria for investors to be classified as “sophisticated investors” to limit their exposure to riskier investments.
The Australian Government is about to make it nearly impossible for successful startup workers to reinvest their earnings into new startups. Let’s explore the upcoming changes and how they will affect startups, workers, and the Australian economy.
In 2023, the IT sector saw a significant reduction in job growth with only 700 new jobs compared to 267,000 in 2022.
When designing a new app, people often reference current popular apps, overlooking that these incumbents have established user habits and reduced aggressive growth tactics due to criticism.
US software businesses were hit by high tax bills in 2023 due to a tax change effective July 2022, which many were unaware of. Changes to S174 mean software engineer labor costs must be amortized over multiple years, altering the calculation of taxable profits.
The IPO market remains shut for the first half of 2024 before reopening with major listings like Stripe & Databricks, while mergers and acquisitions see a surge above $60 billion, fuelled by AI-related deals and lower debt costs for private equity buyers.
Tailor software architecture to the team’s cognitive load capacity, opting for a monolithic structure for single teams and microservices for multiple teams to enable independent work.
The EU is working on rules to make software creators and licensors accountable for harm caused by their software, akin to how manufacturers are liable for faulty products like cars.
Active investors in US venture capital (VC) dropped by 38% in the first three quarters of 2023 compared to the previous year, representing a reduction of 2,725 firms.
How much should competent people, confidently managing their responsibilities, meddle in the affairs of other teams they perceive to be dropping the ball?