DealHorizon - the faster, easier way to create and share business plans

Your #1 competitor starting out will always be the BACK button, nothing else. - Garry Tan Suppose you have an idea for a startup, and then do some research only to discover there are already similar products on the market. You become disheartened and wonder if you should abandon your idea. In fact, the existence of competing [...]

My Hunch cofounders and I frequently ask ourselves: "If we were to start over today, would we build our product the same way we had so far?" This exercise is meant to counter a number of common cognitive biases, such as: 1. The sunk costs trap. People tend to overvalue past investments when making forward-looking investment decisions. [...]

The first million people who bought VCRs bought them before there were any movies available to watch on them. They just wanted to "time shift" TV shows - what we use DVRs for today. Once there were millions of VCR owners it became worthwhile for Hollywood to start selling and renting movies to watch on [...]

At some point in the life of a venture-backed startup there typically arises a choice between doing an inside round, where the existing investors lead the new financing, or an outside round, where new investors lead the new financing. At this point interesting game-theoretic dynamics arise among management, existing investors, and prospective new investors. If the [...]

With the introduction of the iPhone, Steve Jobs achieved something that might be unique in the history of business: he single-handedly upended the power structure of a major industry. In the US, before the iPhone, the carriers (Verizon, AT&T, Sprint, T-Mobile) had an ironclad grip on the rest of the value chain - particularly, handset [...]

There are roughly three New Yorks. There is, first, the New York of the man or woman who was born here, who takes the city for granted and accepts its size and turbulence as natural and inevitable. Second, there is the New York of the commuter--the city that is devoured by locusts each day and spat out [...]