You have a great idea for a business, but you don't have the knowledge,
skills and relationships to pull it off yourself. What should you do?
It's a question that is asked time and time again by plenty of
entrepreneurs, many of whom realize that founding a successful business
will require a co-founder. Unfortunately, finding a co-founder can seem
just as tough as getting a business off the ground.
At one point in the no-so-distant past, Digg was one of the hottest
startups on the internet. The Web 2.0 boom was in full swing, and Digg
and its founder Kevin Rose were the poster children for the next
generation of companies that would ride the wave to fame and fortune.
Digg, of course, rose to popularity by providing a platform that
democratized the news. Why rely on editors to determine what's
important and what's not?Let the wisdom of the crowd works its magic.
It was a simple idea, but a powerful one.
In the tech industry, acquisitions are a fact of life. Big companies
look to acquisitions for innovation and talent, and many entrepreneurs
hope that their hard work will one day result in their creations being
When it comes to who is doing the acquiring in 2010, Google is at the
head of the pack. In search of technologies and services that
compliment its initiatives, and perhaps even the next big thing, the
search giant has snapped up 23 companies this year according to CB
Startups looking for funding increasingly have a new class of investor
to pitch: super angels. These are individual angels who have raised
money from others in the hopes that their smallish funds will serve as
the basis for an investing model that merges the best of the angel and
The value proposition to entrepreneurs looking for funding: we're as
nimble and friendly as angels, but we have more money available if we
decide to make a big bet. But is this all a facade?
The platforms offered by companies like Facebook, Twitter and Apple
offer entrepreneurs some very compelling features. They often bring to
the table built-in audiences, and, in some cases, established business
For reasons like these, it's no surprise that a growing number of
entrepreneurs are building entire companies on top of a specific
platform. And it's no surprise that investors have flocked to back them.
The internet is an entrepreneur's dream. Thanks to the web, a greater
number of individuals around the world have been given the opportunity
to start a new business.
But while the internet has helped bring entrepreneurship to the masses,
the internet hasn't changed the difficulties entrepreneurs face in
starting a company, and arguably, it hasn't improved the odds of
Starting a new business is a positive action, and in my experience most entrepreneurs are positive people. But sometimes that positivity can mask harsh realities that many entrepreneurs would rather ignore, and can lead them to buy into ideas that are detrimental to success.
Here are ten dangerous ideas that many startup entrepreneurs buy into that they shouldn't.
Launched recently, Keynoir is a new take on the group buying concept, which showcases one offer at a time on high quality restaurants, spas, hotels, and other experiences around London. It has secured a first round of funding worth £1.3m from Index Ventures and PROfounders Capital.
I've been talking to co-founder Glen Drury, previously CEO of Kelkoo, about the concept.
If you run a startup and fancy a Start Me Up profile then please throw your hat in the ring by emailing firstname.lastname@example.org
While browsing through my RSS reader earlier, I came across an interesting post on PaidContent: a Facebook app called Second Porch raised $1m in funding from an angel fund.
I immediately scratched my head and asked myself: do most entrepreneurs behind individual Facebook apps like Second Porch really need to raise funding for their app businesses? It's a question that I think is increasingly important as more and more entrepreneurs launch their ideas on Facebook, not as standalone websites.
Are you an entrepreneur looking for a new home? Have you always dreamed of living and starting a business in the United States? If so, Uncle Sam wants you.
Yesterday, two U.S. senators introduced a bill that would offer visas to entrepreneurs who start companies in the country. According to the announcement, "The StartUp Visa Act of 2010 will allow an immigrant entrepreneur to
receive a two year visa if he or she can show that a qualified U.S. investor is
willing to dedicate a significant sum – a minimum of $250,000 – to the
immigrant’s startup venture."