Blog Archive / October 2008
Fri 2008-10-31 18:41
One of the hot (and very secretive) new Finnish "super-startups" is Fruugo, at www.fruugo.com, an "online shopping" company with Nokia's former CEO (and current Chairman of Shell) Jorma Ollila, and F-Secure Founder/Chairman Risto Siilasmaa in the board of directors.
Fruugo has been quite secretive, signing NDA's with everyone they...
Wed 2008-10-29 17:05
Just when I said that event marketing doesn't really work for startups I end up getting a close proximity reminder from www.Muxlim.com that sometimes it does work, if you are being clever about it. This can be taken as a showcase of "how its done right" as a startup...
Wed 2008-10-29 10:31
Tekes is Finnish government organization that can be a significant source of public funding for finnish startups. Their official english language description is "Finnish funding agency for technology and innovation". They shell out about half a billion EUR of money yearly for all sorts of R&D funding, market research...
Tue 2008-10-28 09:19
The Financial Times does a complex ranking list of business schools every year. They do some research, send plenty of questionnaires to graduated students, and talk to faculty members. They also check up on the details randomly, etc.
The school I got my Executive MBA degree from; Helsinki School of...
Mon 2008-10-27 14:56
As a startup you don't have the money to be fooling around with all sorts of expensive marketing stuff, especially the kinds that produce dubious results, right?
There are entire blogs that devote themselves to go through various topics of startup marketing. Here are a few:
Over the years I have learned...
Sun 2008-10-26 16:11
Startups need to develop at a quick pace. They often exists in semi-chaotic environments where things can change overnight and multiple separate areas need to be quickly considered and decided upon daily. What's the best way to manage your startup in a way that it is most likely to produce...
Fri 2008-10-24 11:59
Added the "Good Morning Finland" talk clip to MuxlimTV, with somewhat of a permission from the show itself. This is related to previous posts:
Embedded here (in finnish, (sorry)):
On Muxlim: Muxlim has received coverage from about 25 different international media in recent...
Thu 2008-10-23 14:33
Here are some brief updates on the recent stuff from "my projects".
Muxlim got into Wired today:
The story is a "reprint" of an earlier TechCrunchUK story
Naturally ArcticStartup covered the same story as well.
Besides those online media the Muxlim story has also been published on: Brandrepublic, Lenta.ru,...
Wed 2008-10-22 13:50
As many of you might know I have played World of Warcraft very actively for the past couple of years. WoW is one of the most popular and most successful online games ever, and is estimated to bring in over half a billion USD of pure profit every year....
Tue 2008-10-21 09:31
I did a podcast episode yesterday evening with Tuija Aalto and Sonja Kangas about disruptive innovation, and how organization could make it happen.
Tuija has a full blog entry about that up here.
You can download the podcast as an mp3 (english language spoken) from this link here.
Mon 2008-10-20 19:59
Back in February of 2007 I was invited by the Ministry of Transport and Communications to be the only outside keynote speaker in their yearly main event, "the communications forum 2007". The topics of discussion where about communications policy, new action plans and initiatives etc. Speakers where the...
Sun 2008-10-19 11:53
Lately there has been plenty of discussions and advice on what startups should do now that the economy is probably going to play in the minor key for some time to come. Sequoia Capital handed out their powerpoint of doom, as reported by TechCrunch and ArticStartup...
Sat 2008-10-18 11:20
Over the years of being involved in the building of multiple Online Communities, Social Media sites and occasionally even online games, I have developed some understanding on how the motivational mechanics behind everything work. Here are 3 things I have found to be well-proven, meaningful and important in building long-lasting...
Thu 2008-10-16 08:23
CC Attribution: DavidDMuir@Flickr
A lot of startups think they are ready to receive venture capital, risk capital, or some sort of "real" financing. I recently had to count; how many rounds of financing have I "done?" (not solo, they are always teamwork) It took some plain old organic memory search,...
Wed 2008-10-15 09:55
This morning I had a "live on TV" chat in Good Morning Finland with Dr. Risto Penttilä about innovation, innovation policy, the economic downturn, Russia, etc. Its unfortunately all in finnish, but you can check it out from: http://www.mtv3.fi/huomentasuomi/
After the chat I continued talking about the topics for a...
Tue 2008-10-14 09:34
I will be live on "Good Morning Finland" (Huomenta Suomi) at the MTV3 channel and simultaneously on Radio Nova and their intarwebz pages. It's going to be on around 07:05 in the early morning. I suggest taping it or watching it through the handy TVKaista.fi who...
Mon 2008-10-13 08:48
In part I of the series I wrote about Disaster Teams, how to recognize them and a bunch of implied stuff on what to avoid and fix etc.
Now it's time to examine Success Teams.
In many ways startups are very different from large corporations and have a lot more demanding...
Sun 2008-10-12 11:42
There's one thing that's been bugging me since I opened my blog and have been following the kind of mentions and writings it has received in other blogs and the media. I have also received some interesting feedback about this issue already.
My rant about this matter is directed towards people...
Sat 2008-10-11 14:47
Martin Varsavsky is a famous serial entrepreneur who's founded 7 companies and is currently founder/CEO of FON the largest wifi network in the world. (Google + Skype are behind FON as its investors, btw).
Martin is also an investor in Dopplr where I have had the privilege to...
Sat 2008-10-11 10:10
Teams are extremely vital to any startup. Nothing happens without the people, and nothing much happens without the right people working at a good performance level towards a clear common goal.
For years investors have had a simple formula that includes teams as a central component, many throw around the old...
Fri 2008-10-10 09:07
This more of a microblog entry than a proper blog entry. Something that was a topic of discussion at MindTrek around a dinner table:
Would Google soon be in the position to seriously hurt Nokia and the Telcos?
Imagine this: Google creates a very nice Android phone, with its own app...
Thu 2008-10-09 19:24
Many startups will encounter the Freerider problem during their evolution at one point or the other. I have encountered it myself in several companies; it is more common than people realize. It is also very rare to hear anybody talk extensively about these kinds of problems and people seem...
Thu 2008-10-09 01:20
Here's a mass-invite to you all of you (the readers) into ENCA.fi
ENCA.fi is a "vertical community" for coin collectors (euro coins now, special coins later on). It's a place where you can manage your collection, swap coins, and sell them online. The service is in invite-only-beta at this point, so...
Wed 2008-10-08 07:36
This is part II of the "funding of Taika" war story, part I here:
Brief summary: months after the dot-com nuclear meltdown of 2000 my first startup Taika Technologies managed to secure a financing round for more than 19M EUR valuation, with no product and no revenue. How? What's the story?
Tue 2008-10-07 12:11
If you want to keep taps on what's going on in the startup scene with a bit more international focus, here are couple of blogs and websties to check out:
Good stuff about Texas -area (and wider) startups. They often write about going head to head with Silicon Valley and from...
Mon 2008-10-06 17:16
This is the first "old war story" on a series of stories I plan to write about past startups I have "done".
Taika Technologies was the first startup I co-founded in 1999 with couple of other people: Atte Lahtiranta (now at Nokia), Sami Sunila (private investor), Jouni Mannonen (Mahtava Development, Anyfun...
Mon 2008-10-06 09:53
Are you having trouble and running out of ideas on where to find investors to pitch your company to?
In more than one ways the VCs have adapted a policy where they are "hiding" a bit; it is not easy to find out about the deals they have done, and there's...
Sun 2008-10-05 13:08
Over the years people have often approached me with questions like "what we need to do in order to be ready for VC investment?" "what's there to prepare?" etc. Often it seems that companies and their founders know more about raising capital than closing the actual deal in the end.
Sun 2008-10-05 12:08
After a series of events and unforeseen connections I found myself in talks with Nelonen TV channel and the production company behind the local version of the TV-series The Bachelor.
They have done 13 seasons of the show in the US, and 1 here locally. The first/only season...
Sat 2008-10-04 17:51
Is sharing the list of blogs you follow a good idea? I think so. Might result in a few odd discoveries and shared insights on what to use as good sources for relevant events, news and insights.
I follow this entire list through www.newsgator.com and their iPhone app, NetNewsWire. Excellent stuff....
Sat 2008-10-04 15:32
As an act of shameless self-promotion (forgive me) I'm letting you know about a cool interview I did for Welcome to Finland magazine.
The current issue of the magazine is so new that they don't seem to...
Sat 2008-10-04 11:27
Recently Kauppalehti and ArticStartup have been amongst the media that have reported on the acquisition of IRC-Galleria.net by the Sulake Corporation.
Kauppalehti had dug through the latest financial documents by Sulake Corporation that in compliance of the IFRS accounting (that public companies in Finland use) discloses...
Wed 2008-10-01 00:11
Welcome to tane.li! Glad to see you here.
This is meant to be as my place to preach what I practice and have experienced during my years of entrepreneurship and occasional big corporate adventures. The ideas is to share and participate in a meaningful dialogue about topics dear and important to...