TechCrunch Calls Venture Capitalists At Work an Invaluable Resource; Top Amazon Seller in Business Books

New York, NY (PRWEB) May 23, 2012

This is probably the single most valuable resource for the entrepreneurs aspiring to build successful companies”Ron Conway, Special Adviser, SV Angel, and investor in Facebook, Google, Twitter, Foursquare, PayPal, Zappos

“Venture Capitalists at Work is a foundational pillar in an entrepreneur’s understanding and resources. This is a first in terms of the level of detail, quality of discussion, and value to the entrepreneur.” George Zachary, Charles River Ventures and Investor in Twitter

TechCrunch recently reviewed Venture Capitalists At Work full of tremendous insight for budding entrepreneurs and business students.

Silicon Valley is once again floating with capital and venture capitalists are looking for that next big Facebook idea! What better way for entrepreneurs and startup enthusiasts than to get into the minds and hearts of these Venture Capitalists. Venture Capitalists At Work: How VCs Identify and Build Billion-Dollar Successes by authors Tarang and Sheetal Shah provides an insightful and expansive look at technology venture investing. Drawing upon the authors tenure at global venture firm SoftBank Capital and world-class network of entrepreneurs and investors, Shah presents 35 in-depth interviews with well-known investors such as Roelof Botha at Sequoia Capital, Mike Maples at Floodgate Fund and George Zachary at Charles River Ventures. These interviews gives readers a 360-degree view on the startup building process, operational insights shared on Zappos, Chegg, Zoosk , Tellium and many more.

Author Tarang Shah and Sheetal Shah give the 5 Must-Know Tips for Entrepreneurs!

1. Big & Bold Idea.

Go after unconventional, game-changing ideas. Dont be afraid of being contrarian. In fact, the riskiest ideas are often the ones that most people believe will succeed.

2. A.I.M. (Authenticity, Integrity, and Motivation).

These are three personal characteristics key to your success. As Venture Capitalists at Work shows, authenticityputting in the time and effort required to really understand the marketoften separates billion-dollar successes from common failures. Evan Williams gained authenticity, for example, in his earlier blogging start-up. This gave him the insight and passion to start Twitter when most people thought the future of blogging was multimedia blogging and not 140-character microblogs.

Lead with integrity in your interactions with customers, investors, employees, and partners. .

And most importantly, search your true motivation and go after solving problems that you feel genuinely passionate about.

3. A+ DNA.

Pay close attention to the first 10-12 people you hire, because they determine the cultural DNA of your company and, in turn, its success or failure. Dont settle for anything less than A+ candidates. Hire for cultural fit as much you hire for functional skills. As you read Venture Capitalists at Work, you will find that Facebook, Twitter, YouTube, Groupon, etc. are great examples of start-ups that placed a premium on hiring well.

4. R.I.P. (Rapid Iteration & Pivot).

Launching a start-up is a race against time. Run at extremely high RPM to iterate product ideas and pivot to better ideas rapidly until you land the right product-market fit. Failed companies often cling to the original idea, while successful ones learn from their customers and refine or change products often.

5. Objectivity & Adaptability.

Be passionately disinterested and brutally honest about everything that matters. And then act on it. As investor Gus Tai explains in Venture Capitalists at Work, being passionately disinterested means to actively and objectively seek out the truth without being afraid of or predisposed towards what you may find out. What is your customer really telling you about your product? Is the market really developing? Do you really know how much better you are than your competition?

Venture Capitalists at Work shares stories from top venture firms and entrepreneurs and analyzes more than seventy billion-dollar success stories like AdMob, Angry Birds, Bebo, Blue Nile, Chegg, Dropbox, Eventbrite, Facebook, Flarion, Groupon, Hyperion, Huffington Post, LinkedIn, MobiTV, Opower, Overture, PayPal, Starent, SpaceX, Twitter, Xoom, YouTube, Zappos, ZocDoc, Zoosk, and many others.

ISBN13: 978-1-4302-3837-9

500 Pages

Publication Date: November 23, 2011

Available eBook Formats: EPUB, MOBI, PDF

For review copies or to get in touch with the authors, please contact:

Sadhika Salariya | Public Relations Manager | Apress

SadhikaSalariya(at)apress(dot)com |Phone: (212) 620-8061

About the Author

Tarang Shah is a venture capital professional. At SoftBank Capital, a venture capital fund, he helped with start-up investments totaling $ 50 million. He has reviewed 1000+ start-ups and served as a board member and CEO advisor for over a dozen start-ups. Tarang is currently a technology innovation executive for one of the largest financial institutions in the US, where he has built and leads a start-up risk assessment practice based on his venture model.

About Apress Media

Apress Media LLC is a technical and business publisher devoted to meeting the needs of IT professionals, software developers, programmers, and business leaders with more than 1,000 books in print and electronic formats. Apress provides high-quality, no-fluff content that helps serious technology professionals build a comprehensive pathway to career success.

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