With the economic climate being heavy on the minds of investors, it is important to remember that a time of recession is not always doom and gloom. A great number of successful companies got their first boost towards success during a recession. Companies such as Apple, Atari, and Oracle all began their steady climb to [...]
They’re young. They’re brash. They expect an immediate payoff, have no respect for their elders, and think technology can replace good, old-fashioned elbow grease. And work Saturday? ROTFLOL (translation: Rolling on the floor, laughing out loud.) They’re Generation Y. At least that’s the stereotype. But angels might want to withhold judgment on these brash young [...]
So you’re listening to the pitch. It’s intriguing, without a doubt. The presentation is spot on, the financials add up, the CEO is a ball of fire. But angels, ask yourself: Is this entrepreneur willing to flip a few burgers? Or at least willing to make some sales calls or write a few product specs? [...]
When it comes to startup advice for tech entrepreneurs, twitterati StartupPro (a.k.a. Martin Zwilling) will probably pop up your mind. Over the past 30 years, Zwilling has led technical business transformations, held a wide range of tech management roles, as well as done due diligence and funding analysis for investors. Though he does little investing, [...]
No doubt you’ve heard of the KISS Principle: To be successful, you need to Keep It Simple, Stupid. Sound advice for anyone, for just about any situation. For entrepreneurs, keeping it simple can mean the difference between boom and bust. For angels, investing in something simple and easy to understand can mean the difference between [...]
If you’ve been on Twitter, or if you’ve been following Venture Hype on Twitter, you should’ve heard about The Perfect Pitch Competition with Sir Richard Branson. We’d been tweeting frantically about the competition and so did you. More than 1,000 entrepreneurs from all 50 states, plus an additional 8 countries, entered the contest for an [...]
Technology startups often get an angel’s attention; especially if the idea is new and exciting with great team and market potential. Where entrepreneurs sometimes get in trouble, however, is when they promise so much more in revenue than their idea can realistically deliver. This tends to be a habit among entrepreneurs as a whole, but [...]
Earlier this year, a startup incubator based in the second-smallest province in Canada was shortlisted as one of the two finalists for NBIA’s (National Business Incubation Association) international award, which honors the world’s best incubation methods that help startups launch, commercialize innovations and everything in between. Get this — NBIA has 1,900 members in over [...]
In the United States – unlike many other countries – as people age, they are often disregarded as being “out of it” or “too old to keep up with new technology.” This stigma runs rampant through the culture of this country, ignoring the value that years of experience can actually bring to a situation or [...]
Got money to burn? Want an adrenaline-pumping rollercoaster ride? Forget casinos. Try betting on a startup founder who fits the following descriptions. You’re pretty sure the startup will fail so you have nothing to lose, except maybe that small wager of tens of thousands of dollars. But if he ended up succeeding, be sure the [...]
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