Editor’s note: Derek Andersen is the founder of Startup Grind, a 35-city event series hosted in 15-countries that educates, inspires, and connects entrepreneurs. He also founded Commonred (acquired by Income.com) and is ex-Electronic Arts. There are virtually no companies in Silicon Valley that exit north of $100MM or create a billion dollar business, that don’t raise Venture Capital… → Read More
Twitter’s Bootstrap gives developers an easy to use, grid-based and responsive framework for quickly designing prototypes and basic web pages, as well as production-ready interactive sites. With Foundation, product design company ZURB offers a direct competitor to Twitter’s product and the company is launching version 3 of its framework. This new version, which the company just announced at… → Read More
A group of women is re-entering the workforce today and reshaping how products are made across key tech sectors like health & wellness, commerce and social products. Not only do they have the experience of raising families, but they’ve been business and technology leaders earlier in life. They’re becoming founders and leaders at startups and in the very companies they’ve been buying products… → Read More
Entrepreneurship requires balancing unbridled optimism with delusional foolishness. Most entrepreneurs are mocked and misunderstood until they are wildly successful, at which point the chorus changes from “good luck with that ‘business’, pal” to “I always believed in ya, buddy!”
There is an undeniable appeal to the notion of bootsrapping your company to success without venture… → Read More
Prashant Gulati says that TechCrunch should be banned in the Middle East. That’s not because he isn’t a big fan of the site, but because he says it “puts some naïve and green young ones at a disadvantage”. The Dubai-based technologist and angel investor funded a startup recently. Soon after he made the investment, he learned that the majority of the money had been withdrawn from the bank. → Read More
One of the most interesting discussions at TechCrunch’s Disrupt conference was the debate between the “super angels” and VCs. No, I’m not referring to “AngelGate” or the question of which investor group squeezes entrepreneurs the most. Despite what they say, all investors are in the game for personal financial gain; it’s not about nurturing entrepreneurs or doing good for the world. → Read More
In my last post, I discussed why the odds of a rookie entrepreneur getting seed financing from a VC are very slim. The reality is that less than 5% of venture money goes to seed-stage startups; VCs typically invest when a company has a working product, a tested business model, and a strong management team. It’s the entrepreneurs who take the risk; not the VCs. They beg and borrow money from… → Read More
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