Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder’s Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term. The Founder’s Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders. People problems are the leading cause of failure in startups. This book offers solutions.
As each new generation of entrepreneurs emerges, there is a renewed interest in how venture capital deals come together. Yet there is little reliable information focused on venture capital deals. Nobody understands this better than authors Brad Feld and Jason Mendelson. For more than twenty years, they’ve been involved in hundreds of venture capital financings, and now, with the Second Edition of Venture Deals, they continue to share their experiences in this field with you.
Engaging and informative, this reliable resource skillfully outlines the essential elements of the venture capital term sheet–from terms related to economics to terms related to control. It strives to give a balanced view of the particular terms along with the strategies to getting to a fair deal. In addition to examining the nuts and bolts of the term sheet, Venture Deals, Second Edition also introduces you to the various participants in the process and discusses how fundraising works.
Fully updated to reflect the intricacies of startups and entrepreneurship in today’s dynamic economic environment
Offers valuable insights into venture capital deal structure and strategies
Brings a level of transparency to a process that is rarely well understood
Whether you’re an experienced or aspiring entrepreneur, venture capitalist, or lawyer who partakes in these particular types of deals, you will benefit from the insights found throughout this new book.
…都是物有所值的。利用TRS-80 与 DEC Alpha 的对比来阐释48n和n3算法的差别？各位，真的没有比这样做更合适的了。能和大师一起工作一年是最好的了，退而求其次，你也可以读读《编程珠玑》。这本书将很多软件工程师的智慧提炼成了简洁易懂的文字，纳入其中。
我不会骗你：有一些章节是可以完全略过的。比如说，第11、13和14章分别介绍了如何实现排序，堆和哈希算法，考虑到现如今这些基本算法都有成熟 的库可以使用，我无法想象再去实现它们有什么意义。 对于那些和教科书一样恼人的习题，这里有一个很实在的建议。浏览一下这本书，跳过代码部分。有件事可能会让你失望，第八章“粗略估算”（Column 8, “Back of the Envelope” ）是必须要看的。这里有我见过的最佳的估算方法。这章还解释了一些疯狂的面试问题，一些公司很喜欢用这些问题提问我们。
The roots of entrepreneurship are old. But, the fruits were never so lucrative as they have been recently. Until 2010, not many of us had heard of the term ‘start-up’. And now, not a day goes by when business newspapers don’t quote them. There is sudden gush in the level of courage which people possess.
Today, I see 1 out of 5 person talking about a new business idea. Some of them even succeed too in establishing their dream company. But, only the determined ones sustain. In data science, the story is bit different.
The success in data science is mainly driven by knowledge of the subject. Entrepreneurs are not required to work at ground level, but must have sound knowledge of how it is being done. What algorithms, tools, techniques are being used to create products & services.
In order to gain this knowledge, you have two ways:
You work for 5-6 years in data science, get to know things around and then start your business.
You start reading books along the way and become confident to start in first few years.
I would opt for second option.
Why read books ?
Think of our brain as a library. And, it’s a HUGE library.
How would an empty library look like? If I close my eyes and imagine, I see dust, spider webs, brownian movement of dust particles and darkness. If this imagination horrifies you, then start reading books.
The books listed below gives immense knowledge and motivation in technology arena. Reading these books will give you the chance to live many different entrepreneurial lives. Take them one by one. Don’t get overwhelmed. I’ve displayed a mix of technical and motivational books for entrepreneurs in data science. Happy Reading!
List of Books
Data Science For Business
This book is written by Foster Provost & Tom Fawcett. It gives a great head start to anyone, who is serious about doing business with big data analytics. It makes you believe, data is now business. No business in the world, can now sustain without leveraging the power of data. This books introduces you to real side of data analysis principles and algorithms without technical stuff. It gives you enough intuition and confidence to lead a team of data scientists and recommend what’s required. More importantly, it teaches you the winning approach to become a master at business problem solving.
This book is written by Thomas H. Davenport. It reveals the increasing importance of big data in organizations. It talks with interesting numbers, researches and statistics. So until 2009, companies worked on data samples. But with advent of powerful devices and data storage capabilities, companies now work on whole data. They don’t want to miss even a single bit of information. This book unveils the real side of big data, it’s influence on our daily lives, on companies and our jobs. As an entrepreneur, it is extremely important for you understand big data and its related terminologies.
This book is written by Alistair Croll and Benjamin Yoskovitz. It’s one of the most appreciated books on data startups. It consist of practical & detailed researches, advice, guidance which can help you to build your startup faster. It gives enough intuition to build data driven products and market them. The language is simple to understand. There are enough real world examples to make you believe, a business needs data analytics like a human needs air. To an entrepreneur, this will introduce the practical side of product development and what it takes to succeed in a red ocean market.
This book is written by Michael Lewis. It’s a brilliant tale which sprinkles some serious inspiration. A guy named billy bean does what most of the world failed to imagine, just by using data and statistics. He paved the path to victory when situations weren’t favorable. Running a business needs continuous motivation. This can be a good place to start with. However, this book involves technical aspects of baseball. Hence, if you don’t know baseball, chances are you might struggle in initial chapters. A movie also has been made on this book. Do watch it!
This book is written by Ashlee Vance. I’m sure none of us are fortunate to live the life of Elon Musk, but this book let’s us dive in his life and experience rise of fantastic future. Elon is the face behind Paypal, Tesla and SpaceX. He has dreamed of making space travel easy and cheap. Recently, he was applauded by Barack Obama for the successful landing of his spaceship in an ocean. People admire him. They want to know his secrets and this is where you can look for. As on entrepreneur, you will learn about must have ingredients which you need to a become successful in technology space.
This book is written by Thomas H Davenport and Jinho Kim. As we all know, data science is driven by numbers & maths (quants). Inspired from moneyball, this book teaches you the methods of using quantitative analysis for decision making. An entrepreneur is a terminal of decision making. One must learn to make decisions using numbers & analysis, rather than intuition. The language of this book is easy to understand and suited for non-maths background people too. Also, this book will make you comfortable with basics statistics and quantitative calculations in the world of business.
The author of this book is Nate Silver, the famous statistician who correctly predicted US Presidential elections in 2012. This books shows the real art and science of making predictions from data. This art involves developing the ability to filter out noise and make correct predictions. It includes interesting examples which conveys the ultimate reason behind success and failure of predictions. With more and more data, predictions have become prone to noise errors. Hence, it is increasingly important to understand the science behind making predictions using big data science. The chapters of this book are interesting and intuitive.
This book is written by Roger Lowenstein. It is an epic story of rise and failure of a hedge fund. For an entrepreneur, this book has ample lessons on investing, market conditions and capital management. It’s a story of a small bank, which used quantitative techniques for bond pricing throughout the world and ensured every invested made gives a profitable results. However, they didn’t sustain for long. Their quick rise was succeeded by failure. And, the impact of their failure was so devastating that US Federal bank stepped in to rescue the bank, because the fund’a bankruptcy would have large negative influence on world’s economy.
This book is written by Eric Ries. In one line, it teaches how to not to fail at the start of your business. It reveals proven strategies which are followed by startups around the world. It has abundance of stories to make you walk on the right path. An entrepreneur should read it when he/she feel like draining out of motivation. It teaches to you to learn quickly, implement new methods and act quickly if something doesn’t work out. This book applies to all industries and is not specific to data science.
This book is written by Avinash Kaushik. It is one of the best book to learn about web analytics. Internet is the fastest mode of collecting data. And, every entrepreneur must learn the art of internet accounting. Most of the businesses today face the challenge of weak presence on social media and internet platforms. Using various proven strategies and actionable insights, this book helps you to solve various challenges which could hamper your way. It also provides a winning template which can be applied in most of the situations. It focuses on choosing the right metric and ways to keep them in control.
This book is written by Eric Seigel. It is a good follow up book after web analytics 2.0. So, once you’ve understood the underlying concept of internet data, metrics and key strategies. This book teaches you the methods of using that knowledge to make predictions. It’s simple to understand and covers many interesting case studies displaying how companies predict our behavior and sell us products. It doesn’t cover technical aspects, but explains the general working on predictive analytics and its applications. You can also check out this funny rap video by Dr. Eric Seigel:
This book is written by Steven D Levitt and Stephen J Dubner. It shows the importance of numbers, data, quantitative analysis using various interesting stories. It says, there is a logic is everything which happens around us. Reading this book will make you aware of the unexplored depth at which data affects our real lives. It draws interesting analogy between school teachers and sumo wrestlers. Also, the bizarre stories featuring cases of criminal acts, real-estate, drug dealers will certainly add up to your exciting moments.
This book is written by Jessica Livingston. Again, this isn’t data science specific but a source of motivation to get you moving forward. It’s a collection of interviews with the founders of various startups across the world. The focus has been kept on early days i.e. how did they act when they started. This book will give you enough proven ideas, strategies and lessons to anticipate and avoid pitfalls in your initial days of business. It consist of stories by Steve Wozniak (Apple), Max Levchin (Paypal), Caterina Fake (Flikr) and many more. In total, there are 32 interviews listed which means you have the chance to learn from 32 mentors in one single book. Must read for entrepreneurs.
This book is written by Greg Gianforte and Marcus Gibson. It teaches about the things to do when you are running short of money and still don’t want to stop. This is a must read book for every entrepreneur. Considering the amount of investment required in data science startups, this book should have a special space in an entrepreneur’s heart. It reveals various eye opening truths and strategies which can help you build a great company. Greg and Marcus proves that money is not always the reason for startup failure, it’s all about founder’s perspective. This book has stories of success and failures, again a great chance for you to live many lives by reading this book.
This book is written by Thomas H Davenport, Jeanne G Harris and Robert Morrison. This books reveals the increased use of analytical tools & concepts by managers to make informed business decisions. The decision making process has accelerated. For a greater impact, it also consists of examples from popular companies like hotels.com, best buy and many more. It talks about recruiting, coordination with people and the use of data and analytics at an enterprise level. Many of us are aware of data and analytics. But, only a few know how to use them together. This quick book has it all !
This marks the end of this list. While compiling this list, I realized most of these books are about sharing experience and learning from the mistake of others. Also, it is immensely important to posses quantitative ability to become good in data science. I would suggest you to make a reading list and stick to it throughout the year. You can take up any book to start. I’d suggest to start with a motivational book.
Have you read any other book ? What were your key takeaways? Did you like reading this article? Do share your knowledge & experiences in the comments below.
如今，三家投资机构正在努力刺激工具和平台的开发，来提高研究者获取和使用这些数据的能力。在华盛顿特区举行的第7届医疗数据研讨会上，（美国）国立卫生研究院（National Institute ofHealth，简称NIH）、总部在英国的威康信托基金（Wellcome Trust）以及霍华德•休斯医学研究所（Howard Hughes Medical Institute）宣布了首届开放科学奖（Open Science Prize）的6支决赛队伍名单。
当美国食物和药品管理局（U.S Food and Drug Administration）批准一种药物时，该机构公开发布一系列关于该药物的信息，通常包含先前未公开的临床试验。尽管这些信息相当有价值，但难以获得、收集和搜索。OpenTrialFDA努力建立一个用户友好的网站界面让任何人能访问相关信息，还提供应用接口（API），允许第三方平台接入和搜索数据。（https://www.openscienceprize.org/p/s/1844843/）
《Thinking in Java》中文版译为《Java 编程思想》，这本书受到了众多人的追捧，但也有很多人说这部书不适合初学者。很多程序员表示这本书帮助他们建立了面向对象的编程思想，非常值得一读，值得反复地读；也有人说这本书写得太过累赘，看起来好辛苦。《Core Java》中文版译为《Java 核心技术》，这应该称为一套书了，只需要看卷I 的基础知识就可以了。这本书可以说是与《Thinking in Java》齐名的一本书，包含了大量的案例，实践性强。Android 开发