May 24th, 2006
Eight Indicators of a Good Startup
Vermeer Technologies created Frontpage in the mid nineties and was bought by Microsoft. I highly recommend the cofounder’s book – High Stakes, No Prisoners by Charles Ferguson. It is my #1 or #2 all time favorite business book.
One of the many t-shirts that they made at Vermeer said “You’re working at a good startup when you’re working 80 hour weeks.” On the back it said “Vermeer Technologies – a good startup.”
In a similar vein we have a list of the top indicators that you’re working at a good early stage startup. Here they are, in no particular order:
0. Your living room looks like this:

1. You can’t understand why Boston Market isn’t open at 4am. That’s dinner time!
2. You still have luggage from your move in 6 weeks ago sitting in your hallway.
3. You have 196 inches of LCDs in your living room
4. You start to grow a beard, by accident
5. You have more servers in your apartment than edible items in your fridge
6. Your idea of a decorative wall hanging is a 50×60” printout of the Outlook object model
7. You consider hiring someone to do your grocery shopping
Since these things correlate with a good startup, I wonder if investors should use them to establish valuations. We’ll tell our next investor that we want a valuation at $200,000 per 1/10th inch of hair on my new beard.
Maybe I should also start up a company – I have a high beard growth rate
Harshdeep, on May 24th, 2006 at 7:11 pm