Joseph Flaherty

Latest from Joseph Flaherty

  • Why the ‘end of the startup era’ could be great for entrepreneurs Crunch Network

    Why the ‘end of the startup era’ could be great for entrepreneurs

    Three prominent tech thinkers recently declared the end of the startup era, questioned the future of tech innovation generally and heralded the rise of the “Frightful Five” — Apple, Amazon, Facebook, Google and Microsoft — who will dominate the future of tech. All of the posts make credible arguments, but ignore how consolidation could be good, even great, for startups. Read More

  • Invisible unicorns: 35 big companies that started with little or no money Crunch Network

    Invisible unicorns: 35 big companies that started with little or no money

    There’s a widespread belief among founders that venture capital is a precursor to success. VC is a common denominator of the most successful tech startups, but it isn’t a prerequisite. To help illustrate this, here are 35 companies that started with a few thousand dollars, or even just sweat equity, and went on to become exemplars of what I call “efficient… Read More

  • There’s no shame in a $100M startup Crunch Network

    There’s no shame in a $100M startup

    The era of unicorn startups has created a distorted view of entrepreneurial success. All the talk about billion-dollar exits has inflated the numbers that define a win. Starting and selling a company for $100 million dollars is an outlier event in terms of pure entrepreneurial probability, but such outcomes are viewed as well short of success in many corners of today’s startup world. Read More

  • Overdosing on VC: Lessons from 71 IPOs Crunch Network

    Overdosing on VC: Lessons from 71 IPOs

    Venture capital is a hell of a drug. Used properly, it’s like adrenaline energizing many of the greatest companies of the past fifty years. Used incorrectly, it creates toxic dependencies. The conventional wisdom in the startup community is that when building the very best companies, more capital can be leveraged to accelerate even greater growth. But does this “go big or go… Read More