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A good article that summarizes key challenges these companies faced in 2013 and the upcoming ones coming in 2014. I was a big GroupOn fan and am still an active Foursquare junkie, so I’m personally interested to see if they will find ways to generate new, consistent revenue and relevance in 2014. 

8 Companies That Beat The Odds In 2013, Learned Lessons For 2014

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But the “no sales people” mantra isn’t what I’m here to take on. It’s the second belief system that is even more engrained and even more wrong. Many young startups are being advised not to have a professional services business and in my opinion this is a big mistake.

One of the Biggest Mistakes Enterprise Startups Make” by Mark Suster.

When I first joined Microsoft ten years ago and started to build software in the Office group, I spent some time learning about how we actually sold the software to enterprise customers. I setup some coffees with “Field Sales Managers”, “Technical Account Managers”, and even got to listen in on a few sales calls with big enterprise customers.

My eyes couldn’t have been opened wider; the complexity of sales channels, SKU’s, and VAR’s made me quickly realize and appreciate the importance of a dedicated sales group. At the same time, I was concerned by how far removed I was as engineer from the actual customer – how do you balance out the complexity of selling to various, complex customers while not slowing down development?

Thankfully Office has a long history of rich and consistent interactions with its big customers. One of my favorite activities was participating in an internal conference each year where some of our biggest enterprise customers came to Microsoft campus for a few days. It was part networking event and part product demo fair, with the goal of getting critical feedback from our customers about what we were building in Office while we were still coding. It was incredibly helpful as an engineer to learn about the unique technology challenges they faced inside their companies (i.e. amazingly complex deployment topologies, geopolitical issues that dictated purchasing policy, governmental regulations, etc.).

I learned quickly that building and selling products to enterprise customers was complex, but more importantly that the best enterprise products are developed via great relationships between the product team and the individuals that will use it.

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…In New York, at least, Craigslist went from being the centralized clearing house for everything to, well, a shitty alternative to other apartment rental and classified goods sites. And where New York goes, the rest of the world usually follows.

http://www.fastcolabs.com/3024211/nine-tech-companies-wed-be-surprised-to-hear-from-in-2014

Back in Seattle we used Craiglists for everything, but I’ve personally had a harder time selling things on it since we’ve moved to NYC. As surprised as I was to see them on this list, it does make me stop and question how they’re going to fare given how many new players are entering the sharing/selling market.

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I originally found out about RapGenius when I used it to try and decipher some of the posts my 22-year-old brother puts on Facebook and Instagram (I swear it’s 85% lyrics from songs I’ve never heard of).

Business Insider links to Danny Sullivan’s commentary on SearchEngineLand, where he hits on the real issue for RapGenius – lack of a sustainable business model via licensed content. 

“Finally, it’s probably an incredibly dumb business model to be doing a lyrics site that hopes for Google traffic in a time when Google, like Bing, is moving toward providing direct answers. Lyrics, to my understanding, often have to be licensed. That makes them a candidate for Google to license directly and provide as direct answers.”

Google Obliterates Buzzy Startup Rap Genius For Trying To Game The System