More entrepreneurs Stories

Product-Team-Market Fit

Entrepreneurs are often told to figure out what the market wants and to follow their passions. Unfortunately, these can be competing directions. Dave Kashen, founder of Quantum Leading, has his own bit of advice for startup founders — don’t settle for what the market wants if it doesn’t intersect with what you’re passionate about doing. Read more »

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takeoff_Roger Schultz

Can you name America’s largest startup? It’s not Facebook or Amazon. It isn’t even a technology company. This giant startup is the Transportation Security Administration, and its massive scale offers a roadmap for entrepreneurs eager to turn big ideas into sustainable businesses. Read more »

BRETT KOPF

Remind101 co-founder, Brett Kopf’s dyslexia and ADD led him to create a text messaging service for students. After failing to find an audience, Kopf starting talking to users. In this video, Kopf explains how important that communication was to finding the right business. Read more »

INTERNMATCH

Advisors may not be as sexy as angels in the startup ecosystem, but the right one can provide a ton of value for young companies. InternMatch Co-Founder and CEO, Andrew Maguire, shares his thoughts on finding and working with the right advisors to help any startup. Read more »

South Korea's rising startups at the BeLaunch conference

Korea’s future as a startup hub is still a work in progress but I see a lot of reasons to be optimistic about companies emerging from this country of 50 million people. Here are four start-ups that caught my attention at the BeLaunch conference last week. Read more »

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South Korea is building a start-up ecosystem, hoping to create some of the innovation that turned Silicon Valley into technology capital. The latest step is a two-day conference next week called beLaunch, which is equipping local entrepreneurs with important lessons and getting them to think big. Read more »

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Orange and Publicis hit the headlines this week for underpinning a €300m venture fund targeting European startups. But in fact only a third of that money is actually fresh funding that will end up in the hands of continental businesses. Read more »

Neelie Kroes

Europe’s digital commissioner Neelie Kroes has a mixed record of helping the continent’s web entrepreneurs. But now she’s opening up to questions from the floor, with a new initiative aimed at finding ways to get Brussels to do a better job for startups. Read more »

Fab.com co-founders Jason Goldberg and Bradford Shellhammer

After trying to become a social network, the team behind Fab.com pivoted a year ago toward their current model as a design site because it was something the founders were passionate about. It’s another reminder that passion matters and can be what determines success. Read more »

Gun

In his early 20s, entrepreneur Donald DeSantis had an interesting mentor — a very successful businessman whose business happened to be organized crime. Despite — or perhaps because of — his seedy profession, the mentor taught DeSantis much about managing risk, acquisitions and networking. Read more »

philip-rosedale

In GigaOM’s third article in our series on New Year’s resolutions from 12 tech leaders, Coffee & Power co-founder Philip Rosedale explains why he wants entrepreneurs to think really, really really big, and way outside the box in 2012. Read more »

Values

Dave Kashen of Quantum Leading calls for a change in startup culture. He believes that when we operate according to our core values and principles, in pursuit of a vision for the future that inspires us, we maximize our individual and collective well-being. Read more »

Patent
photo: Flickr / adulau

Long hours with your startup colleagues developing a product with cutting-edge features can prove frustrating when those features end up in a competitor’s offering. Nitin Gupta of LawPivot and Eric Hutchins of Kilpatrick Townsend & Stockton LLP offer tips for entrepreneurs building a patent portfolio. Read more »

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Billy Chasen, the co-founder of Turntable.fm, talked on Thursday night about his pivot away from his barcode-scanning startup Stickybits. It was a tough decision to pull the plug on a mediocre success, but it’s worked out for him. Here are some lessons from his big restart. Read more »

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CapLinked, an online platform that brings together companies and private investors, said it has eclipsed $10 billion in private deals listed on the platform since it launched a year ago. Now, it’s opening up the platform to professional investors with a new product called DealRocket. Read more »

Term sheets

Many entrepreneurs are in the process of fundraising. However, many are unaware of the most favorable terms for raising money from investors and confused about what terms to focus on in a term sheet. Jay and Yusuf explain how to navigate these sometimes tricky waters. Read more »

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NYC SeedStart, a New York incubator program founded by NYC Seed along with a handful of VC partners, just graduated its summer class focused on media. The seven startups cover a range of topics, but a few themes emerged like crowdsourcing, commerce and content management. Read more »

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For years, Europe’s startup community has been painted as the undernourished younger cousin of Silicon Valley. In reality, Europe’s web scene is now thriving. and we’ve compiled a list featuring some of the best and brightest European web startups — what we’re dubbing the GigaOM Euro 20. Read more »

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AirBnB, a San Francisco–based person-to-person room-, apartment- and house-rental startup, has raised $112 million in Series B funding from a group of investors including Russian Internet investor DST Global, General Catalyst and Andreessen Horowitz. AirBnB has raised about $120 million. More details after the fold. Read more »

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The FinTech Innovation Lab, an accelerator program for financial tech startups, graduated its first class on Friday. This first batch of companies is bringing some impressive ideas to bear on data, analytics and payments and showing there’s room for new approaches in the financial sector. Read more »

Knights battle by Flickr user Jeff Kubina

GigaOM readers agree that encouraging European entrepreneurs is vitally important to the long-term health of local startups. But they have differing opinions about the sharp growth of accelerator programs and bootcamps across the continent: will startups end up being fed to the sharks? Read more »

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The key to success in startups is making sure you’re young, experienced and not the only founder. That’s the takeaway from a new survey being conducted by SV Angel of successful startups that have gone on to or are projected to have big exits. Read more »

techstars

TechStars, the pioneering start-up accelerator, just graduated its first New York class today, introducing a strong and polished class with a lot of promise. Here are some standouts from the class of 12, which introduced themselves at a demo day today. Read more »

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The Kauffman Foundation claims in a new report that high-paying jobs in the financial sector have drained the prospective pool of startup founders until it’s pretty shallow. It may even be responsible for allowing “potentially weaker” startups to gain funding. Here’s a look at the arguments. Read more »

British passport, by M Roach

It’s no secret that the political machine in Washington can be slow. The Startup Visa Act was first discussed in 2009, and in the meantime, Britain has managed to pass their own version, despite a change of government, heated debate, and necessary changes to immigration laws. Read more »

Little league baseball player at bat

Mentorship is a critical catalyst for passage, transition and development as a pre-entrepreneur. But mentorship, like entrepreneurship, can break down in the nitty gritty details. Larry Chiang offers his advice in avoiding the mistakes many entrepreneurs make when they try to get mentored by a VC. Read more »

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Different phases of a startup’s lifecycle require different approaches to spending. VC David Skok explains how startup CEOs need to manage their burn rate as they fine-tune their sales process and their sales team to prepare themselves for the next stage. Read more »

Cars racing

The two most common mistakes startups make are spending too much money and not spending enough. VC David Skok, of Matrix Partners, explains how hard CEOs should press on the startup accelerator pedal when the company is trying to fit its product to the right market. Read more »

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