Comments on: Martin Zwilling of Startup Professionals: Angel Investing ABC

By: Angel Investing Glossary | Venture Hype

Angel Investing Glossary | Venture Hype — Sat, 05 Dec 2009 09:35:57 +0000

[...] Proof-of-concept: “Proof-of-concept” for the product means at least one of the products has been built, tested and works. “Proof-of-concept” for the business model means that at least one has been sold for the normal price (give-aways don’t count), and has the expected profit margin. [...]

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Sat, 07 Nov 2009 20:42:28 +0000

Understand your concern. But some startups can't afford to hire in the U.S. So, they outsource to countries that can get the job done with a fraction of what it'd cost in America. For example, an Internet startup outsource programming work to India. But startups that want to attract funding know better. Seasoned investors want to see the team working in one place rather than distributed areas.

In reality, big corporations have much more effect on labor. Startups only employ a few people, if they do at all. The amount of outsourced work in a startup is relatively limited compared to a big corporation that outsource work to hundreds and thousands of people in other countries.

By: taki

taki — Sat, 07 Nov 2009 18:48:20 +0000

I'm all for startup's if the corporation intends to employ American workers and not outsource the work to other economies.

Frankly labor here is tired of seeing companies get their start here and then in a few years move high paying jobs to other economies so they can pocket more money at the end of the month.

Bottom line is this: if you sell it here, MAKE it here.

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Sat, 07 Nov 2009 12:42:28 +0000

Understand your concern. Problem is, most startups can't afford to hire in the U.S. So, they outsource to countries that can get the job done with a fraction of what it'd cost in America.

By: taki

taki — Sat, 07 Nov 2009 10:48:20 +0000

By: uberVU - social comments

uberVU - social comments — Fri, 06 Nov 2009 00:30:41 +0000

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