The 16th floor at Two Galleria Tower and similar outposts once were touted as the new Silicon Valleys, where clusters of venture-capital firms sprouted to fund the latest technology start-ups. Now, amid a tough fund-raising climate and poor venture returns, the 16th floor and others like it across the nation have gone quiet.
Published News
Echoes on 16th Floor: Venture Capital Exits
Posted by admin 149 days ago (http://online.wsj.com)Nontrepreneurs
Posted by admin 149 days ago (http://bearwithclaws.com)
Do you know the guy who always talk about his big ideas but never got around doing it? Or the guy spreads entrepreneurship religiously and read whole lot of business book but never started a real business? Or the guy who always ask you to quit your job and start your own business but never do it himself?
Lessons from Rajeev Motwani's and Craig Johnson's Lives
Posted by admin 149 days ago (http://ventureblog.com)
In the past three weeks, I have attended 2 memorial services and 2 brises. The brises celebrated the births of two future superstars -- the sons of four of the smartest entrepreneurs and venture investors in the Bay Area. The memorial services celebrated the lives of two recently deceased superstars -- both entrepreneurs and venture investors in their own right.
Should Your Startup Have an Advisory Board?
Posted by admin 149 days ago (http://www.bothsidesofthetable.com)
So do advisory boards really add value? In my experience most advisory boards under deliver relative to expectations. The CEO picks prominent people who are busy in their own right with their own companies. They are usually offered around 0.25% of the companies equity in exchange for their role and I’ve seen many companies hand out a total of 2% to advisers.
Most entrepreneurs eventually step down and hand their companies over to professional CEOs, often at the insistence of their investors. Mark Zuckerberg hasn't done that. Why not? Because he's following a different model,one that has worked extremely well in the technology industry. In this model, the founder remains CEO of the company and surrounds himself or herself with a strong executive team
According to the NCVA’s data,venture funds raised $1.6 billion in the third quarter, down 82 percent from a year ago and down 21 percent from last quarter.What’s more is that about $1 billion of that was accounted for by one VC firm, Khosla Ventures. Although, the NCVA only notes Khosla’s bigger $750 million fund,so it is not clear if it is including its smaller seed fund as well in these figures
Video: The Art of Building a Startup From Nothing
Posted by admin 150 days ago (http://siteboat.com)
Aaron Patzer’s personal finance manager Mint is one of the best examples for building a successful company from nothing. Aaron Patzer started Mint.com when he was 25. Mint launched in September 2007 at TechCrunch40 and in September 2009, Mint is acquired by Intuit for $170m. Mint.com has reached over 1.5 million users and helped them of people pay debt, manage job loss in the downturn.
So You Want to Start a Startup? 5 Places to Start
Posted by admin 150 days ago (http://thenetsetter.com)
The world is rife with business opportunity, and nowhere more so than online. I often think of the web as something of a wild west frontier, awaiting anyone intrepid enough to stake out a claim. But to start an online venture you first need to have an idea of what you want to do. For many would-be entrepreneurs ideas are many and easy to come by, but not everyone feels this way.