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Team Europe Ventures, the Berlin-based VC firm, has launched a new €6 million fund for early stage startups in the Internet and mobile Internet space. The fund is mainly targeting companies in Germany and Europe, but also in the USA, and the focus will be on the seed stage, with 4-5 startups being invested in per-year for a maximum of €500K per company.
I spent a bunch of time in New York City last month, including extended hobnobbing with local VCs and entrepreneurs. One thing I heard over and over again was how the locals would soon leapfrog Boston in terms of entrepreneurial activity and venture capital funding — positioning themselves in the coveted runner-up position behind perennial leader Silicon Valley.The sentiment was fueled by a varie
Canada isn’t shy about making life difficult for startups, and we’ve had one or two personal brawls with the country as well. But a change in Canadian tax law last week is designed to spur U.S. venture investments in Canadian startups and make Canada less of a leper colony for tech entrepreneurs.The change allows foreign investors in most Canadian startups to avoid “literally hundreds of pages of
Several friends have told me angel investing is not a good way to make money. If you can do the YC/Ron Conway strategy that is one thing, and if you just want to give back that's another, but doing it at my level is a waste of money.I do want to give back, but I also want to make money with my angel investing. So I've been thinking a lot about strategies to employ to fulfill both goals. To that e
As I write this, I am traveling at 30,000 feet on Virgin America's excellent IAD->SFO nonstop, following an intense few days of conversations in Washington, DC about the Startup Visa. This trip was designed to build momentum following last week's announcement that Senators Kerry and Lugar have introduced a Senate bill to make the Startup Visa a reality: the Startup Visa Act of 2010. This follows
Right off the heels of the inaugural OAF San Francisco event (which you may have read about here or here or here) we’re stoked to be kicking off OAF Silicon Valley on April 16th with none other than Dave McClure and Shervin Pishevar as the Silicon Valley chapter heads. As usual, this event will bring together five great startups (apply here), a handful of great angels (apply here), and five seat
THE two dozen or so people arranged around wooden tables, warming their hands and bellies with steaming mugs of coffee and plates of homemade biscuits, looked like just another Sunday brunch set in New York. But members of this group had braved knee-deep snow to gab about cutting-edge ideas and as they introduced themselves the roll call sounded like a Who’s Who of digital start-ups: Foursquare,
For years now I’ve read startup and VC blogs just like many of you. I read a ton of posts about what my business plans should say or how to do financial projections. But in the end, that stuff was always painful for me. I’ve always been more of a doer than a planner, and more of a boostrapper than a fundraiser. The thought of wasting valuable business time working on a business plan made me want
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