A recent study exposed an alarming trend in the tech industry. Immigrant entrepreneurs, who in recent years have launched half the startups in Silicon Valley, are founding drastically fewer companies. Except for one group: Indians. What makes entrepreneurs from India so different?
Imagine this: A startup with a vibrant and successful founder arrives with the vague notion of a good idea. Venture capitalists, knowing the success of this founder, throw a bunch of money at him and his team, even without a tangible product behind it. The startup eventually releases a product that few understand or find useful. The company…
There comes in a time the life of many startups when it starts to become clear that everything is not going according to plan. But how do entrepreneurs tell if they need to keep going all in on the original plan, or pivot to something new?
Geoloqi was a smart little startup from Portland, Ore., that made software for telling a smartphone where in the world it is. All kinds of investors wanted a piece of the action, but Geoloqi said no, no, no. Its founders wanted to find a fit, not an “exit,” a place where they could keep building the apps and maps they love. Now they have…
Immigration has always been the engine that drives the American economy. In Silicon Valley, foreign-born entrepreneurs have founded half the region’s startups in recent years – and kept the U.S. economy moving forward. So what happens if that innovation engine stalls? We’re about to find out.
Sometimes I fear for the future of entrepreneurship in America. A stock market crash is a breath away from draining the cash hoards of popular venture capitalists, the Securities Exchange Commission could easily change its rules to cripple the startup ecosystem and we are one serious privacy breach away from Congress enacting Draconian laws that…
Many startups scramble to create a “minimum viable product,” or MVP, to get a version of their product to market quickly for testing. It’s a great way to cost-effectively test a website or app with real users. But be careful, if your MVP is too minimalist, it could torpedo your company’s future.
Startup accelerators are great, as far as they go. The problem is that, after startups enjoy several months of pedal-to-the-metal support and mentorship, the vast majority of them exit the programs and hit a brick wall. The cheerleading stops, venture funding never materializes and the founders go back to writing code for a living. NestGSV is…
Failure gets a lot of praise in the tech world. It’s a great learning experience, it’s a vital growth opportunity, etc. But nobody celebrates the actual event. Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies.
It’s like a harmonic convergence. Startups need workers, and the largest generation ever born in America — the Millennials — is desperately searching for work. But as every startup knows, it’s never as easy as all that.
Web groceries, sock puppets, podcasting – Internet trends come and go. The trick is to know when the end is near and avoid doing something foolish, like paying $580 million for MySpace. Today, that means consumer Internet startups taking on celebrity investors.
Now is the best time in history to start your own business. But depending on what kind of company you’re building, you have to figure out if your idea is poised to capture a trend—or doomed to miss one and face a much tougher road to success.
There are a number of certainties in life. There’s death. And taxes. And if you’re the founder of a successful startup and you’re not named Mark Zuckerberg, there’s the day when you’re replaced as CEO. Don’t pout – your ouster is actually the ultimate validation of your company.
Adam and Eve. Sonny and Cher. Jobs and Wozniak. Legendary partners all. Sometimes even the most dedicated, uber-competent entrepreneur doesn’t have everything it takes to ensure startup success. That’s when you need that “perfect partner.” But how do you find the right one?
It takes more than a big idea and a thorough business plan to start a new business. Most entrepreneurs aren’t quite sure what else it takes until they’re well underway, and many are shocked to discover important elements of startup success that they simply hadn’t considered at all.
With TechCrunch Disrupt SF 2012 in full swing this week, it’s only a matter of days before a new winner is crowned. We decided to check in with previous Disrupt winners to see how they’ve fared since their victories – and try to determine how it means to ace a high-profile startup contest.
Need funding for your startup? Don’t load up your PowerPoint with nifty charts showing all the users your online service has grabbed. Venture capitalists are no longer impressed. These days, investors want to hear about the revenue you’re generating, not the traffic.
By necessity, running a startup is like flying by the seat of your pants. Because the company is new, founders often have to make up things as they go along – with little opportunity to check and see how they’re doing. That’s starting to change, though, as new startup benchmarking services promise insight on how well your startup stacks up…
OK. That’s an exaggeration. Odds are you can’t win every startup competition you enter. But you could win 92.59%. Candace Klein did. Klein is the founder and CEO of a new peer-to-peer lending platform called SoMoLend and she’s won 25 of the 27 startup competitions she’s (That’s a winning percentage of 92.59% – do the math). We asked her…
A lot of people in Silicon Valley are down on job-hoppers these days. They’re flaky, they’re bad employees, they steal all the Sharpies when they leave, blah, blah, blah. But it turns out that all that job-hopping is an important part of what makes the Valley so special.