Here Comes Hyperloop One: Startup Raises $80 Million

The Hyperloop—a futuristic magnetic levitation transportation system that promises to make it possible for people or cargo to travel at 750 miles an hour in comfortable pods between San Francisco and Los Angeles in as little as 30 minutes—could be very big business. The ultimate promise of the technology? That it brings a digital revolution sensibility to transportation. Read More>>

Don’t copy the Valley, copy Brooklyn

With Silicon Valley pretty much a trash fire right now it would behoove small cities to look elsewhere when trying to create centers of innovation. While Brooklyn, that gem of an island surrounded by bodies of water containing guns, dolphins, and scum, is not perfect, it’s a pretty solid choice for hardware, software, and services startups to emulate. Brooklyn is important in the entrepreneurial space because it is at once urban and suburban. It has an excellent quality of life, there is plenty of space to live and work and is a safe space to innovate. Read More>>

MY ADVICE FOR FIRST-TIME ENTREPRENEURS

Entrepreneurship is hard and it’s not for everyone. While the sources vary, it’s often stated that most businesses will fail within the first 18 months. The number one reason why many businesses fail so quickly is because they don’t realize how hard it is, how “all in” you have to be, and how much talent it takes to be a successful entrepreneur. If, after taking a realistic personal inventory of who you are and what you want to be doing, it turns out that you are ready to take the next steps in starting a business, I want to discuss the advice I always give to first-time entrepreneurs. Read More>>

Growth at All Costs vs Profitability

There’s a massive shift happening at Silicon Valley. 15 years ago, since the last dot-com bust, Wall Street started to reward tech companies going public on growth. They opted to reward on growth because rewarding based on pure eyeballs or buying a .com and a paper napkin idea wasn’t enough, but rewarding based on profitability was too hard. If the last few months are any indication, it has become clear that growth alone is not enough for companies to go public any longer. You have to have strong business metrics. Shockingly, you have to make money. You have to be profitable. Read More>>

Why Lawyers Make Good Early-Stage Startup Hires

While high-profile efforts by top business schools to teach and promote entrepreneurship have lessened the stigma around the MBA, the law degree continues to occupy a unique place of villainy among the startup set. After all, YouTube, Uber, and Airbnb, among many others, were founded on ideas that challenged, if not broke, laws and regulations. When it comes to a tech startup, lawyers are a bug, not a feature. Right? Maybe not. Read More>>

Read The Fine Print Before You Turn To Equity Crowdfunding

True equity crowdfunding is coming.The rollout of the JOBS Act has been delayed for years, but on May 16th, 2016, one of its most controversial parts goes live.What’s changing? The equity crowdfunding provisions of Title III of the JOBS Act will finally take effect. For the first time in more than a generation, Americans who are not accredited investors will be permitted to invest in private companies. Read More>>