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Ruby Nation: The Secrets of Venture Based Startups

Posted on June 11, 2014 by Alexander Diegel

“A Game of Startups” by Sean Schofield

RubyNation, the DC-hosted event for the local software community, concluded last weekend to bring the seventh annual conference to a close. Over 270 attendees quickly sold out the venue, and helped make RubyNation 2014 a blast for all who could make it!

Our very own Sean Schofield spoke to the crowd with his presentation, “A Game of Startups.” Sean drew from his experience as CEO and co-founder of Spree to explain why, to paraphrase a certain popular television queen, “in the game of startups, you either win or you die.”

Sean went into great detail on the dirty little secrets of venture-based startups, giving great insight and tips for those who are running, working for, or just curious about, companies that are funded by venture capitalists.

So, who are the players in this particular game? With startups, we trade “Thrones’” kings, lords and knights for founders, investors, and employees, while winning is defined by survival and financial success.

Sean goes into far greater detail in his presentation, including the math behind a successful exit, and a breakdown of the results from some startups that have already won the game. We had a blast at RubyNation 2014 and are already looking forward to next year’s event. Hope to see you there!

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