Both Sides of the Table
JUNE 17, 2017
There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!
Entrepreneurs' Organization
JUNE 27, 2017
Monique Maissan is an EO Shanghai member, CEO of Vision Textiles and founder of Waste2Weave. . “Be the change you wish to see in the world,” is the quote attributed to Mahatma Gandhi. During a trip to that great Indian leader’s homeland, EO Shanghai member Monique Maissan experienced a kairos moment, realizing her true purpose: To empower women in India’s handloom industry with a living wage for textiles produced from recycled plastic yarns.
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This is going to be BIG.
JUNE 4, 2017
One aspect of venture capital that rarely gets talked about is competition to get into a deal. What happens when a founder has that rare wealth of riches when they're choosing who they're going to allow onto their cap table? The tables turn and the one being pitched to becomes the one pitching. The moment when you find out that you're not guaranteed a slot is my least favorite as a VC.
Berkonomics
JUNE 22, 2017
Close. Stop me if you’ve heard this story before. “My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) is safe as this economy continues to grow.” Yup. Thought so. We are in a decade of creative destruction that will affect most everybody. And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before.
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Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.
FundersClub
JUNE 12, 2017
Being an effective founder means questioning current paradigms, asking ‘Is there a better way to do this—and am I the person to do it?’ It’s that line of thinking that leads people to create disruptive companies, to solve problems that were thought to be intractable. Venture capital investing offers different challenges than those associated with tech entrepreneurship, but Alex Mittal, co-founder and CEO of FundersClub, approached the sphere of venture capital the same wa
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Both Sides of the Table
JUNE 19, 2017
One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management. Of course there is no right answer but it’s a function of how much capital you have raised, your prospects for raising more capital in the future, your growth rate and y
Entrepreneurs' Organization
JUNE 16, 2017
Cameron Madill is an EO member in Portland, EO’s 2017 Global Citizen of the Year winner, founder of B Local PDX, and founder and CEO of PixelSpoke , a web design and marketing agency. Each year since 2013, EO recognizes one outstanding member who embodies the heart and soul of volunteerism, and who paves the way for others to follow, through its EO Global Citizen of the Year Award.
This is going to be BIG.
JUNE 15, 2017
I didn't grow up in a neighborhood where gunshots were a thing--and I know I am incredibly lucky for that. That's why when I pulled up to the corner of Atlantic and Fourth by the Barclay's Center yesterday at a couple of minutes after 2pm, the sound of gunfire was pretty startling, and it's not something I can easily shake. Pop! Pop! Pop! Pop-pop-pop!
Berkonomics
JUNE 8, 2017
The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work.
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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.
FundersClub
JUNE 15, 2017
FundersClub Portfolio News. Jerrod Engelberg of FundersClub hosted a Q&A on FC Live with Brayton Williams of Boost VC , and the full video can now be watched here: Q&A with Brayton Williams of Boost VC — FundersClub Live Series. ShipBob , a Chicago based company that gives the power of Amazon logistics to every small business, raises $17.5 million with plans to open e-commerce distribution centers in more cities in " Warehouse Startup ShipBob Raises $17.5 Million Amid Expansio
Tomasz Tunguz
JUNE 28, 2017
One typical Friday morning in 2004, I walked into a government building and headed to work. I was a junior Java engineer and part of a hired team building an internal system for a government agency. We were a few days behind on schedule, and a technical issue arose. During the morning team meeting, we made a plan to refactor a small key part of the codebase - an effort that should have taken just the morning.
Both Sides of the Table
JUNE 25, 2017
Fresno State students receive supplies for school with help from Renaissance Scholars staff John Hunt, Jr. (left) and Kizzy Lopez (right). We’re all bombarded with social media campaigns asking for us to Tweet, share, like, change our badge, use a hashtag or generally show outrage at a topic du jour. We jump in when we feel compelled or want to support the person who enlisted us.
Entrepreneurs' Organization
JUNE 19, 2017
Jessica Moseley is an EO member in Washington, D.C., and CEO of TCS Interpreting , providing world-class language access to the deaf community. The agency has developed a robust internship and mentorship program. Jessica shared best practices for developing such a program. Internships provide practical business experience as a student or other novice narrows the scope of their chosen profession.
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Thomas Grota
JUNE 25, 2017
I always get asked as many other investors: “what’s the next big thing to invest in…?” The standard.
Berkonomics
JUNE 29, 2017
If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more. And yet, in an earlier post, we spoke of the problems that come when taking unstructured investments from friends and family.
FundersClub
JUNE 8, 2017
FundersClub Portfolio News. Jerrod Engelberg of FundersClub will host a Q&A on FC Live with Adam Draper of Boost VC on June 13th. Submit questions and RSVP for the event here: Q&A with Adam Draper of Boost VC — FundersClub Live Series. Le Tote announces the launch of Olivia Culpo x Le Tote, a summer capsule collection that marks a milestone for Culpo as the debut of her first-ever collection in " Olivia Culpo and Le Tote Launch Exclusive Design Collaboration.
Tomasz Tunguz
JUNE 6, 2017
I am most grateful for my work experiences that were apprenticeships. Whether it was Philip who taught me how to write a proper Java function (10 lines or less), or Kim and Scott who are great managers, or the partners at Redpoint who invested a huge amount of time to educate me, those collections of experiences have taught me far more than I could’ve expected.
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For Entrepreneurs
JUNE 28, 2017
I have the great pleasure in introducing you to a new writer, Jared Sleeper, who will make regular contributions to this blog. We were very excited to have Jared to join Matrix Partners recently as he is a truly exceptional individual. Jared grew up in Maine working in his family’s grocery store. He had a.
Entrepreneurs' Organization
JUNE 14, 2017
By Larry Alton, business consultant. At some point, every entrepreneur needs to write copy for his or her company’s website, sales pitches, blogs, and other marketing materials. It’s at this moment when you have a decision to make. Do you choose to write your own copy or hire a professional writer to do the heavy lifting? While there’s a case to be made for both sides, most successful entrepreneurs have found that it’s far better to hire a copywriter. 4 Reasons to Hire a Writer.
Gust
JUNE 6, 2017
Urbanization is a defining process of modern life. More than half of the world’s population now lives in cities, and the number of urban citizens around the world is projected to rise to 66% by 2050. In the US, over 80% of the population lives in urban areas with 1 in 7 Americans living in New York, Los. Read more >. The post The UrbanTech Movement is Transforming Cities appeared first on The Gust Blog.
Berkonomics
JUNE 15, 2017
Taking in angel or venture money requires a setting of an entrepreneur’s expectations that may come as a shock at least at first. From the moment such an investor looks seriously at your company, the investor or VC partner is thinking of the end game, the ultimate sale of the company or even of an eventual initial public offering. There is no middle ground.
Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker
The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l
FundersClub
JUNE 1, 2017
FundersClub Portfolio News. Jerrod Engelberg of FundersClub will host a Q&A on FC Live with Adam Draper of Boost VC on June 13th. Submit questions and watch the full event here: Q&A with Adam Draper of Boost VC — FundersClub Live Series. Flexport will build warehouses in Hong Kong and Los Angeles for consolidation and rerouting purposes, due to the increased frequency of cargo moving between China and the U.S. in " Flexport to open global network of consolidation centers.
Tomasz Tunguz
JUNE 25, 2017
In the Wide Lens , Dartmouth Entrepreneurship professor Ron Adner explores the risks associated with innovation. Execution risk is the obvious one. Then there’s co-innovation risk, what might be called chained technology risk. For example, to build a new ML focused microchip, a startup relies on the chip fabrication plant to develop 7nm equipment.
For Entrepreneurs
JUNE 14, 2017
Part of finding product/market fit is turning early wins into repeatable, scalable, and profitable sales. In my talk given at Heavybit as part of their speaker series, I discuss how to design a great sales process, analyze the buyers journey, and shorten the time to customer conversion from trials, freemium and open source products. Using examples from companies.
Entrepreneurs' Organization
JUNE 5, 2017
By Frank Cowell, EO San Diego member and Founder and CEO of Elevator Agency. Bad content is a plague that makes customers cringe. Don’t let it anywhere near your website. B2B audiences are savvier than B2C audiences. They want to be educated and informed by fresh perspectives that are authentic. If you dive deep to bring ingenious solutions that enhance value, your reward will be loyal followers who visit your site—and your business—first.
Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association
PCI compliance can feel challenging and sometimes the result feels like you are optimizing more for security and compliance than you are for business outcomes. The key is to take the right strategy to PCI compliance that gets you both. In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization.
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