In 2015 some startups fell to earth in old-fashioned way by making big mistakes. The article talks about year’s biggest startup failures and features six start-ups. It also mentions few start-ups for their totally ridiculous acts. Read More>>
Monthly Archives: November 2015
Wary Of The “Next Warby”
Warby Parker is an American brand of prescription eyeglasses and sunglasses founded in 2010. Warby Parker sells online and has a limited number of showrooms in the United States. Warby Parker is astonishingly successful, whether you judge it by the rave reviews of customers, its valuation or, more impressively, by the number of startups that compare themselves to the iconic eyeglass innovator. Read More>>
How Finance Fits Into Your Startup
At some point in the life cycle of a company, hiring a finance professional is inevitable. The financial role is evolving, from helping to optimize cloud costs to useful pricing analyses for new and existing products.
For many companies, depending on size and stage, cloud spend is the second-highest cost after payroll. By working in conjunction with the Systems team, a plugged-in finance teammate can reduce cloud costs by 25 percent. Read More>>
Snapchat Isn’t the Only Startup in Fidelity’s Crosshairs
Fidelity Investments has become one of the most active investors in privately-held startups, buying into popular companies and then divvying up the shares among its various mutual funds. Recently Fidelity had marked down the value of its investment in Snapchat by around 25% between the end of July and the end of September. Read More>>
Tech Gurus Teach Food Entrepreneurs The Recipe For Success
To increase the footprint of local culinary businesses, city officials in San Antonio launched a program called Break Fast and Launch which pairs emerging food entrepreneurs with technology mentors who teach them business. The tech mentors don’t have culinary backgrounds, but they know how to get a startup off the ground. Break Fast and Launch was started last year with city and federal funding. Thirty entrepreneurs went through the competitive program last spring. The program runs approximately 3 months. Read More>>
The Incubator School: E Is For Experimental & Entrepreneur
The Incubator School is a technology and entrepreneurship driven middle school that is creating tomorrow’s entrepreneurs today. The principal and staff are people are clearly committed to an extraordinary vision that is relevant, innovative and one that is fostering kids to make an impact.
Sujata Bhatt, the founder is completely hands on as one of the sixth grade teachers. She came up with the idea for the school while working as an advisor for a New York start-up aiming to develop a science application for the iPad. The young entrepreneurs — many of them in their 20s who already had started their own firms — inspired her to think about how to refashion teaching to better prepare students for the accelerated advances in the digital world. Read More>>
Why VCs Are Devouring Food Startups
Venture capitalists are stepping in with billions of dollars focused on agriculture and food ventures that reduce waste and use of chemicals, conserve resources, accelerate distribution and—at least theoretically—improve our health and the health of the planet. $2.06 billion has already been invested in the first half of 2015. That’s nearly as much as the $2.36 billion total for 2014. Because of the Start-up revolution, big food companies lost $4 billion in market share last year. Read More>>
Nokia’s Fall Means The Rise Of Startups In Finland
The fall of Nokia in Finland was a national tragedy that gave birth to a plethora of startups, founded and enriched by ex-Nokia employees with stellar mobile technology know-how. The Finnish economy, which has contracted for three years in a row, is still reeling but the country’s rising startup scene is a careful indication that Finland is growing. Since 2009, more than 200 gaming startups have set up shop in Finland and have raised millions. Read More>>
Smooch-Owner Venntro Media Group’s New Incubator Will Take ‘Up To 40%’ Stake
The newly-launched Venntro Ventures will invest in and incubate tech startups in both the U.K. and U.S. who operate in the online dating and lifestyle spaces. Venntro says it will provide startups office space, capital and, most strategically, access to its member portfolio of 45 million users. In return it will take a stake of “up to 40%” in the startups it invests in and incubates. Read More>>
Let’s Talk About Scale
There’s a lot of confusion and misinterpretation about what it means to scale and when your company is ready. It’s the moment when your customer acquisition growth rate is increasing while your acquisition costs are decreasing, and the unit economics of the business are moving in your favour.
Now is the time to invest in “go-to-market” functions like sales, business development, account management, marketing and international expansion. Read More>>