I don't know what Chris was referring to exactly, but as an angel investor this statement resonates with me right now. I've been seeing some really high valuations floating around.Don't get me wrong -- there is nothing inherently wrong with high valuations if everyone is aligned in exit expectations. The problem is I don't think the alignment is there in many cases.
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He was fired from the company he helped create, YouSendIt. Then the cyberattacks started. In Silicon Valley offices, the framed founder's doodle is as common as jewel-toned furniture and quirky conference-room names. But there's something peculiar about the drawing hanging in the colorful lobby at YouSendIt, an online file-sharing service based outside San Jose, California.
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Y Combinator is now accepting applications for the summer 2012 funding cycle. It will take place in Mountain View, CA from June through August 2012.
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In our latest edition of the “Revenge of the Nerds” white paper research series, Identified has discovered that a growing number of company founders and CEOs today are far more likely to hold advanced engineering degrees than MBAs and that the overall age of business leaders is steadily trending downward. We see this shift as a significant impact on corporate culture with younger, more...
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A single entrepreneur alone is vulnerable to shortsightedness, to fatigue. But with a team comes diverse perspective, encouragement, and the wherewithal to push through problems. That’s why a group of Stanford computer science and business students started the Andreessen Horowitz-backed FounderSoup program. It’s designed to give entrepreneurs with an idea or a fledgling company a chance to...
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As you may be aware, the Senate passed the America Invents Act (AIA) on September 8, 2011. This act will create sweeping changes in US patent law once signed by President Obama, who has stated his intention to sign this bill. The AIA will create significant changes to the law, and we wanted to take a moment to inform you of some of its most important provisions.
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Dow Jones VentureSource: Fewer Deals Net More Capital as Median Price of M&A Spikes; Companies Take Less Time, More Capital to Reach IPO
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Bogus accountant David Walsh, 38, fleeced business partners Dominic Booth and Darren Griffin out of nearly £700,000 to fund a lavish existence, which saw him driving Porsches and Ferraris, wearing flash jewellery and holidaying in Dubai. As Mr Booth and Mr Griffin’s firm – Clitheroe-based Concept Building Solutions – faced investigation by the taxman for unpaid bills, finance director Walsh...
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“Today, we’re announcing $2 billion in public and private resources to help entrepreneurs start and grow their businesses. Now it’s time for Congress to do its part. It was encouraging to see members of both parties in the House come together to pass legislation that will help small businesses get ahead, and I’m calling on the Senate to do the same. But America’s small businesses can’t wait for...
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The cream of London's startup community turned out at Buckingham Palace for a special princely audience. But the best entrepreneurs won't let a brush with royalty get in the way of their ambition to overturn the establishment.
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