Posts by mattmireles


Mission driven companies do it better. They execute better. They scale faster. They grow quicker. In my first company, we were anything but mission driven. And this caused us huge problems. If you had asked 5 people in the company, “What does your company do, exactly?” you would have gotten five very different answers. Each employee, each founder had their own idea of what the company was about: “We’re a...

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Be Kind. It Pays.

Be Kind. It Pays.


Posted By on Aug 8, 2014

The best investors are the most focused on building long-term relationships with people. The worst investors are the most transactional, the most focused on the deal, on the what you can do for me right now.

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I’m proud to announce my involvement in Marketplace Talks, the world’s #1 meetup for marketplace startups, entrepreneurs and investors Once a month, I’ll interview a prominent marketplace entrepreneur (or investor) on-stage, in front of an assembled mass of other entrepreneurs, investors and startup people. I’ll do my best to dig into the business model, how it works, why it works and what didn’t (or...

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Morality is a Luxury Good

Morality is a Luxury Good


Posted By on Jul 21, 2014

War is an act of violence intended to compel our opponent to fulfill our will.  -Carl Von Clausewitz Morality is a luxury good. War is fundamentally amoral. There is nothing a threatened society won’t do, especially when cornered. The violence of war has no natural limit, no logical upward bound. And in case you thought we Americans are better than all that, just know that our biggest weapons, our nuclear arms are pointed at...

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I sent this letter to the Federal Communication Commission just a few minutes ago. I encourage you to do something similar. Also, feel free to discuss this post on Hacker News. From: Matt Mireles Date: Mon, Jul 14, 2014 at 12:25 PM Subject: Save the Open Internet. For Freedom. To: openinternet@fcc.gov Hello, My name is Matt Mireles and I would like to tell you my story. I’m an internet entrepreneur. I started my first company in...

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I was trying to understand why food startups are so hot when I ran across the following two charts. In the image, you’ll notice that I circled a line labeled “P/E.” In the language of finance, P/E is short for “price-to-earnings ratio,” which is the relative value of a company’s stock price to its profitability (aka earnings). When a company enjoys a high stock price yet barely turns a profit––like Amazon––it shows in the P/E ratio....

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Farewell to All That

Farewell to All That


Posted By on Jun 8, 2014

“Each time you crest the rise in front of you, it just makes it clear the size of the even larger hill that looms beyond it. It goes on for a long time.” -Marc Randolph, Founder/CEO Netflix **** After six years in the saddle as an entrepreneur, I’ve decided to hang up my hat and get a job. Two weeks ago, the first wire hit our bank account––EasyFridge‘s first investment! I was excited at first. It felt good,...

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Knowing When to Flip.

Knowing When to Flip.


Posted By on Jan 14, 2014

Magazines take your photo. Venture Capitalists offer to invest over email.  Billionaires smoke weed in your living room. No one doubts you. Like this post? Discuss it on Hacker News.  Your company is hot. You are hot. And it feels awesome. To struggle for months, to dream for years––and then to have the world’s attention. It feels like success. It feels like you’re living the dream.  But is it? In that moment, the hardest...

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