What did Billion Dollar Companies Look Like at the Series A?

Here is an interesting look at some of the well-known companies – What did Billion Dollar Companies Look Like at the Series A?

billion dollar startups

The article gets into some of the common criteria, which I’ll briefly list here:

  1. Easy-to-Dismiss Ideas
  2. Competitive Markets
  3. Reinventing Existing Consumer Behavior
  4. Untested Founders
  5. Zero Monetization

 

500 miles email limit

I’ve read this story a while ago, but this is a beautiful piece of the system administration reality, so here it goes again.

“We’re having a problem sending email out of the department.”
“What’s the problem?” I asked.
“We can’t send mail more than 500 miles,” the chairman explained.
I choked on my latte. “Come again?”
“We can’t send mail farther than 500 miles from here,” he repeated. “A
little bit more, actually. Call it 520 miles. But no farther.”

More stories here.