At Ignite Seattle 4 we had fifteen great talks (all available on YouTube). As usual the talks were on topics that we felt geeks would appreciate. Two in particular contain sage advice for an entrepreneur. The first video is Leo Dirac‘s explanation of Venture Capital Term Sheets. The second is Dave McClure‘s talk on Startup Metrics (after the jump). Both five-minute talks were selected to do a reprise at Gnomedex.
In twenty slides, Leo concisely explains the role of VCs in the creation of a startup (they put in money to make an idea a company), why VCs want preferential stock (how the VCs protect their money) and the importance of the Liquidation Preference Mulitplier (how VCs guarantee they get money back first). Leo previously gave an Ignite talk on the Robot Revolution. (Get the Term Sheet slides)
Dave’s talk, Startup Metrics for Pirates: AARRR!, focuses on the five steps to startup success. They are Acquisition, Activation, Retention, Referral, and Revenue (handily put together as AARRR! just for pirates). Dave does a great and memorable job of delivering the advice. (Get the Pirate Slides)
The videos were filmed and edited by Bryan Zug.