February, 2020

7 Reasons You Don’t Want to Start a Business With Friends

Entrepreneurs' Organization

Contributed by Frank Hamilton. Starting a business is an exciting adventure. It’s understandable why some people choose to do it with friends. After all, who could be a better partner than your best friend?

How much can you pay yourself as a founder?

This is going to be BIG.

The answer is easier than you thought: Anything you want. No, seriously—that’s the perk of running your own business. You select your salary. Now, if you want to have investors and potentially maximize growth for the company, that’s a different story. Investors are going to want their investment dollars to be going towards growth than going directly into your pocket—but what does that mean for how much you can actually pay yourself.

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Four Questions Founders Should Ask Before Joining an Accelerator

GAN

Every year, some 30,000+ startups vie for just 1,300 spots at GAN Accelerators. Success rates for startups after they graduate from a GAN Accelerator are pretty impressive, too—more than 80% continue to be in business today.

Being In The Flow

A VC: Musings of a VC in NYC

I have been investing in developer tools since the earliest days of my VC career. The first investment I led in the late 80s was a financing that provided the funds to acquire a programming editor called Brief. It was a text-based editor for PCs. That investment worked out but we didn’t make a lot of money on it. Brief was eclipsed by other better editors. But that did not cool my interest in developer tools.

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries.

More Trending

From Start-up To Stand-out: What Distinguishes High Growth Potential

A VC: Musings of a VC in NYC

My partner Rebecca brought an appreciation for and an understanding of marketing to USV and it has made us better investors and it has helped us assist our portfolio companies with their marketing efforts. Rebecca is going on Simulmedia Live tomorrow at 2pm ET to talk about startups, marketing, growth strategies, and how she thinks about all of these issues in identifying attractive investments and helping our portfolio companies with their growth strategies.

How To End Your Pitch with Your Vision

Dream It

Getting investors excited about your product is a critical part of raising capital. But founders are often so consumed with talking metrics, milestones achieved, or the capital they need that they sometimes forget to talk about their overarching vision for their startups.

5 Rules of Thumb to Shorten Your Sales Cycle

Revolution

Besides businesses that operate with negative working capital like cable TV?—?where where you pay before receiving the service?—?I I don’t know any company that thinks their sales cycle is too short.

Where’s your sense of urgency?

Berkonomics

It is human nature to start in a new position with enthusiasm, lofty goals, new ideas, and a heightened awareness of those around us and their ideas for the business. After time in our job positions.

State of MENA Startups 2019, Report

MAGNiTT and 500 Startups jointly launch first 'State of MENA Startups 2019" report. Survey findings reveal insights on trends in fundraising exercise, exit opportunities, hiring, and growth optimization.

STANLEY + Techstars Accelerator Welcomes Laila Partridge as Managing Director

TechStars

Today, I’m excited to announce that I am joining Techstars as Managing Director of the STANLEY + Techstars Accelerator in Hartford, CT. .

4 Secrets to Responsive Leadership

Entrepreneurs' Organization

What makes a great leader? Nationally recognized leader and executive coach Jackie Jenkins-Scott provides her perspective as she explores examples of responsive leadership in her new book, 7 Secrets of Responsive Leadership.

My 1985 Nike Air Jordan Investment

A VC: Musings of a VC in NYC

Earlier this week I purchased 1% of a collection of five 1985 Nike Air Jordan sneakers using our portfolio company Otis’ mobile app. I paid $330 for ten shares (out of a total of 1000 shares) implying a value of $33,000 for the five pairs, or roughly $6600 each.

Should you be working on this startup?

This is going to be BIG.

We’ve all heard the anecdotes—the famous founder who pitched 1000 investors before any of them said yes. That kind of story drives founders to take a “VC’s don’t know anything” approach to their business and trudge on despite legitimate criticisms of the business, often costing themselves tens of thousands of dollars or more of personal savings. So how do you know whether or not something is worth working on?

The Startup Funding Gap

This resource discusses the gap between early funding from friends/family and the more substantial rounds from angel groups and VCs. Why does this gap exist and what can be done about it?

Why Meg Whitman is Betting on Quibi as“The Da Vinci Code of Content”

Both Sides of the Table

Every year, a personal Upfront Summit highlight is getting to sit down with experts in a field I care about.

celebrating 10 women redefining the face of invention

Venture Well

In honor of National Inventors’ Day, we’re showcasing 10 women innovators we’ve supported to motivate and inspire tomorrow’s female inventors. The post celebrating 10 women redefining the face of invention appeared first on VentureWell. Early Stage Innovators Inclusive entrepreneurship E-Team

Expanding My Investment Thesis to Run the MetLife Digital Accelerator powered by Techstars

TechStars

Today, I start my next adventure in startup investing – I’m the new Managing Director of the MetLife Digital Accelerator powered by Techstars. The program will run this summer on MetLife’s Global Technology Campus outside of Raleigh-Durham, NC.

Advancing Humankind Through Individual Consciousness

Entrepreneurs' Organization

Contributed by Gordy Bal, social entrepreneur on a mission to regenerate the planet, shift the current dysfunctional education system and end human suffering. . At this very moment, we are facing an evolutionary shift that we’ve never experienced before.

Computer Science For All NYC

A VC: Musings of a VC in NYC

About ten years ago, I started asking why were weren’t teaching computer science to every student in the NYC public school system.

Too Early is Never the Real Reason

This is going to be BIG.

I see this time and time again—a founder pitches a VC or an angel and they say to come back when there’s more traction. The founder then goes off and raises from friends and family or invests their own savings in the idea in an attempt to come back with a handful of customer or users.

Fighting for our Soldiers: Action Zone // Tampa, Florida

Co Starters

The military community is among the most neglected special interest groups in America—Veterans are disproportionately at risk for mental health disorders, substance use disorders, post-traumatic stress, and traumatic brain injury as compared to the rest of the population.

An Introduction to Happiness: Rest

GAN

Last week, I shared this idea of being happy at work. Because when you ask the members of Generation Z (the next generation coming into the workforce) what they value most in life, most have a simple answer: Happiness.

LaunchPad Lift Spring Program Kicks Off

TechStars

What elements are necessary for successful college-based entrepreneurship education?

Mindful Leadership for Business Owners and Entrepreneurs

Entrepreneurs' Organization

Contributed by Rob Dubé, CEO at imageOne. Rob is a member of EO in Detroit, speaker, author and an avid proponent of mindful leadership. . If you’re like most business leaders and entrepreneurs, you know what it’s like to be stressed.

A SEC Safe Harbor For Crypto

A VC: Musings of a VC in NYC

SEC Commissioner Hester Pierce proposed a “safe harbor” for crypto projects that raise money before they are sufficiently decentralized. I am a big fan of “safe harbors”and wrote a bit a few years ago about why I like them so much and why a crypto safe harbor is such a needed and good idea. There is a chicken and egg problem in financing crypto projects.

Innovating veterinary medicine in Costa Rica

Young Leaders of the Americas Initiative

By Jewelle Saunders. Choose a job you love, and you’ll never work a day in your life.” This common inspirational quote reassured 2018 YLAI Fellow Priscilla Ortiz Porras about her innovative veterinary regenerative medicine practice in her community in Costa Rica.

Hospitality Tech as a Service

500

As sector agnostic investors, we get a first-hand look at tech-enabled startups across a number of different verticals. One which you may not have heard much about is HTaaS — or Hospitality Tech as a Service.

An Introduction to Happiness

GAN

For the next five weeks, I’m going to be digging into the idea of being happy at work. This week, I’m going to share why we’re talking about this in the first place. I’m sharing some high-level statistics here, but click on the links to the articles and studies to dig in more.

LaunchPad Lift Spotlight: Hatch Credit

TechStars

Highlights of student-led ventures participating in LaunchPad Lift, a program of the Blackstone LaunchPad powered by Techstars entrepreneurship network.