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At any given time, something like four percent of the US population is engaged in some form of new-company-creation. And that narrow definition of entrepreneurship doesn’t count all of the managers inside established companies who are effectively engaged in the same process of building an internal startup (see What is a startup? for my more expansive definition).
When we sold our startup in 1998 I suddenly got a lot of money. I now had to think about something I hadn't had to think about before: how not to lose it. I knew it was possible to go from rich to poor, just as it was possible to go from poor to rich. But while I'd spent a lot of the past several years studying the paths from poor to rich, I knew practically nothing about the paths from rich to p
We just had our second official board meeting. Posterous has been around for over two years, but I still count this as number two. Because in the past, a board meeting just meant Garry and I were at a bar talking about the future of our company.
“Singapore — a hub for technology startups” might seem like a message lifted straight from marketing brochures and not in tune with reality on the ground. But we got to experience this phenomenon firsthand by organizing one of the leading technology conferences in Asia, Echelon 2010. While there is a lot of talk about the burgeoning Asian tech-startup scene, this event showcased the continent’s
I’m tired of seeing job postings asking for frontend or backend web developers. Most small startups (by which I mean fewer than 20 people) don’t have enough work to justify splitting the team into frontend and backend components. Instead, you’re better off splitting your team into subteams for each feature that needs to be completed. Within these subteams, one member may be better at Javascript a
Initiatives such as Y Combinator in San Francisco and TechStars in Boulder, Colorado, provide more than just funding for fledgling entrepreneurs. Most start-ups don't need much money to get going. But that doesn't mean they don't need help. That's where so-called seed accelerators come in -- outfits like Y Combinator in Silicon Valley; the aforementioned TechStars in Boulder, Boston, and soon Sea
Given our anemic and largely jobless economic recovery, we need more startups -- a lot more of them. Startups -- those younger than six years old -- provide the bulk of new jobs; in 2007, startups accounted for 64 percent of new jobs, according to a 2009 survey by the Kauffman Foundation that looked at startup formation since the 1970s. Unfortunately, creating startups is easier said than done.
More universities have begun to establish investment vehicles using endowments and donations, and the University of Oxford Centre for Entrepreneurship and Innovation released a report recently on some of the university student-led venture capital funds. The report, based on a survey of 13 VC funds in which students manage, administer, and make investment decisions, aims to provide an overview of
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Resource for Startup minded Individuals & Entrepreneurs