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Nick Drandakis
2,431 followers -
Founder of Taxibeat.com. Social media. mobile revolution. entrepreneurship. remix culture. rock. fail forward fast.
Founder of Taxibeat.com. Social media. mobile revolution. entrepreneurship. remix culture. rock. fail forward fast.

2,431 followers
About
Nick's posts

Sorry to whoever I've sent a hangout request. G+'s UI is awful. 

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what a team!

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:-)

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VC Economics 101: A €10m seed fund requires at the very least €15m in returns (in practice more than €20m). If it makes 30 investments and 1/10 succeeds, it needs to make at least €5m in each success to make a profit. Assuming 10% equity at the time of exit, any opportunity with less than a €50m exit potential is another one it should pass. It's a tough game, thus the "addiction" to big markets.

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At +taxibeat we're excited about our new partnership with the Firefox OS team. We're building Taxibeat app for the new Firefox OS. Stay close, it might prove really interesting.

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Super interesting (as always) presentation by +Tim O'Reilly 

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A different view on +Nikos Moraitakis latest post.

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most of the marketing comes from within your product

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Great post (via +Alexandra Sigala ) on startup marketing.

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