How to make remote work work
TechCrunch columnist Jon Evans has an Extra Crunch-exclusive look on what it takes to get remote work working within an organization. Evans, who has been the remote CTO of technology consulting firm HappyFunCorp for many years, finds that “you need decisive confidence, clear direction, iterative targets, independent responsibilities, asynchronous communications, and cheerful chatter” to build out a harmonious remote work culture.
Decisive confidence. Suppose Vivek in Delhi, Diego in Rio, and Miles in Berlin are all on a project. (An example I’m drawing from my real life.) It’s late your time. You have to make a decision about the direction of their work. If you sleep on it, you’re writing off multiple developer-days of productivity.
Sometimes they have enough responsibilities to have other things to work on. (More on that below.) Sometimes you don’t have to make the decision because they have enough responsibility to do so themselves. (More on that below.) But sometimes you have to make the business-level decision based on scant information. In cases like this, remember the military maxim: “Any decision is better than no decision.”
How to negotiate term sheets with strategic investors
Over the last few years, we’ve seen the rise of hundreds of strategic investors, typically large corporates with venture wings with the mission to invest in the next wave of startups targeting their existing business lines. While many of these funds are structured at least symbolically as traditional venture capital firms, their specific concerns during deal negotiation can be quite different.