AWS Startups Blog

Tag: venture capital

Josh Elman of Greylock Partners talks to AWS's Adam FitzGerald during a State of Startups Event at the AWS Loft in SF.

What Greylock Partner’s Josh Elman saw in 2017—and what’s coming next for startups in 2018

Josh Elman, a consumer specialist at venture capital firm Greylock Partners, couldn’t have been blunter about “acquihiring,” the practice of big companies paying big bucks for startups to hire teams for their expertise. “There was this funny little period time where that seemed like it was a thing,” Elman recently told a crowd of startup entrepreneurs at the AWS Loft in San Francisco. “I think that’s gone.”

That doesn’t mean big companies aren’t buying startups, Elman continued. In fact, it turns out that acquihiring didn’t translate to getting better talent than just hiring—it’s just more expensive.

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Mackenzie Kosut at AWS Startup Day

AWS Startup Day: We’re in it together

We’re in it together. That community-driven sentiment was in full-effect as more than 200 entrepreneurs gathered at the AWS Loft in SoHo for New York’s first AWS Startup Day. Machine Learning? Check. How to tell your story? Covered. Cronuts? Inhaled. “Everyone wants to help everyone else to succeed,” said Future Lab’s Craig Wilson, one of the day’s speakers. “We’re here to be a part of that.”

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Ruth Penfold Director, Talent Acquisition at Shazam

Shazam Director of Talent Acquisition Ruth Penfold on why honesty is always the best policy for recruiting

Honesty is the name of game for Ruth Penford, the director of talent acquisition for Shazam. In fact, Penford believes honesty is so critical for recruiting, the first thing she did after joining the music sharing startup was to invite in a group of consultants to ask current employees about how they felt about the company. What Penford found was that employees were filtering themselves “like Instagram filters,” she says, externally presenting a rosy view of the company and its roadmap to job candidates, as opposed to acknowledging known issues concerning their legacy tech and the need to tear it out and rebuild.

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Tim Draper on why he thinks entrepreneurs should travel the world

Tim Draper is perhaps one of the world’s foremost proponents of Bitcoin. “It’s an exciting time for us bitcoin-ers,” the Draper Fisher Jurvetson and Draper Associates founding partner recently told AWS Startups. “In five years, you’re going to try to pay in fiat currency at Starbucks and they’re going to laugh at you.” In addition […]

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Matt Hartman of Betaworks speaks at AWS Startup Day in New York.

Before pitching yourself as a machine learning startup, you better be one, says Matt Hartman of Betaworks

Today, in practically every venture capital pitch room around the globe, the technological darling of the moment is artificial intelligence—and more specifically, machine learning using deep learning techniques. It’s for good reason. The potential of deep learning techniques today—and other approaches to machine learning in the future—to remake entire industries is profound. No wonder that […]

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AWS VC

The changing rules for startups

Any entrepreneur hoping to raise venture capital funding or build a successful business must launch their company in San Francisco or New York. Employees should work in the same office, to better encourage collaboration. VCs are the best source of capital for entrepreneurs looking to raise money. Such tenets have long been touted as the […]

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