Company Culture Counts

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By David Hornik, General Partner, August Capital

What a great week I had last week. On Tuesday I attended the Splunk Worldwide User Conference. On Thursday I attended the SAY Media all hands meeting. (On Wednesday I had board meetings for StumbleUpon and Ebates -- they're building awesome companies as well, but that has nothing to do with this blog post). Both events reminded me of what excited me enough to invest in these companies over a half a decade ago. And both events reminded me that company culture really matters.

There is no single culture that assures a winning startup. Splunk and SAY have very different cultures. But I have found that successful companies have distinct cultures that reflect the values of their founders and the focus of the business they're building. What's more, successful startups have founders who really care about culture. And that desire to build a purposeful company sets the tone for the business as it grows.

Read more: http://www.businessinsider.com/company-culture-counts-2011-8#