Here’s the latest from VentureBeat’s Entrepreneur Corner:

There’s no medal for first to market – While there’s a sense of pride in introducing a new category, there’s rarely a competitive advantage. Serial entrepreneur Scott Olson runs down the threats that come with being first – and the advantages latecomers have that can put them in a leadership position.

Three ways to prevent executive fraud – Amid the scandal at Canopy Financial, there has been a lot of discussion about fraud in the executive suite. Jeff Bussgang, general partner at Flybridge Capital Partners, is surprised there hasn’t been more, and offers three easy ways to put safeguards in place to ensure it doesn’t happen at more firms.

Keeping hackers away from your customers’ data – If you think your startup is too small to attract the attention of hackers, think again. Chris Drake, CEO and founder of FireHost, gives you a checklist of things you can do to keep cyber criminals at bay.

The startup chronicles: Deadly sins that destroy Web sales – Part 1 – It’s natural to want to be all things to all people, but if your Web site doesn’t have a clear focus for visitors, you’re going to lose them. Bruce Judson learned this the hard way. He tells the story in the latest installment of this weekly series giving an inside view of the trials of a  bootstrapped startup

The secret history of Silicon Valley – Serial entrepreneur Steve Blank gives a thorough rundown of the heart of entrepreneurism, which many people don’t realize has roots that go back as far as WWII, and owes an enormous debt to the Defense Department, CIA and the National Security Agency, which acted like today’s venture capitalists funding this first wave of entrepreneurship.

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