Our friend Tim Bonnemann reports live from the ringside at the opening session for SxSW Interactive, Austin, TX: Bankrupt Your Startup in Five Easy Steps:
- Hand over the reins
- Over-engineer everything
- Seek growth before profitability
- Establish culture of subservience
- Disregard cashflow
- Show nothing to anyone
- Have an exit plan
- NDA
- Funding = exit plan
- Theme weeks for the office
- Forget your purpose
- launch Under funded
- miCro manage your team
- be the King
- believe the Dreamkillers
Bingo.
Update: Now in Wired too. Thx Tim.
Update2: 17 praktische Tipps von Jason Calacanis und 12 von Mark Cuban [Danke, Armin!]
