Fred Wilson, co-founder of Union Square Ventures and investor in Tumblr, Foursquare, Twitter and Zynga, wrote a great post on his blog the other day about how startups can retain their best employees.
Reading his advice made me reflect on some of the lessons I’ve learned growing and building businesses over the years – from startups to Fortune 500 companies. I’ve managed large teams at PeopleSoft and SAP, and also grown smaller startups like Red Pepper and SkillsVillage. Finally, before joining Ooyala, I oversaw Agile Software and its eventual acquisition by Oracle.
The business principles outlined below aren’t constrained to a single industry, so whether you’re building an app, a SaaS business or a high-speed space elevator, these fundamentals should all apply.
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