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After reading one too many ignorant articles and tweets about how personal financial management startup 22Seven must be safe because Yodlee is safe and so on -- I cracked. I banged out a bunch of tweets in quick succession with the hash tag combination #22Seven my #2c. The response was interesting, ranging from "love your work" to respected tech journalist Simon Dingle’s "How do you know I'm not a computer scientist? And why does that matter? Do you have to ...
It’s practically a tradition to follow a post like this with a good old-fashioned flame-war where everyone reveals his or her own sense of inadequacy. In order to save time I’d like to encourage you to stop reading now and skip to the bottom and start doing that right away; that way I can continue by typing Lorem ipsum dolor sit amet and get away with it.Disclaimers: I have left out Motribe, my own company, because I think ...
Governments are often seen as a nuisance in business, but this is a jaded view. Responsible and engaged governments are able to do amazing things for a country's startup scene. Most countries outside the US want to mirror the success of Silicon Valley, the undisputed king of tech innovation.Nicolas Princen is French President Nicolas Sarkozy's "digital man". He has spoken about the ways the French government is stimulating its local startup scene and "helping startups grow". The internet economy contributes ...
It's rare that you see a talk that resonates so deeply and makes complete, fundamental sense. You have the realisation that experience, genius and truth is in the same room as you and you are having those "aha" moments every minute -- and it's exhilarating.Bill Gross is an entrepreneurial genius. He runs a company called Idealab, started in 1996. He founded the company to create and build successful businesses that capitalise on innovations in areas with growth opportunities. Naturally ...
Raising funding can be potentially expensive, as it requires resources, and time-consuming experience. Done correctly, it can yield valuable results and a substantial financial investment to grow your business. Enthusiastic entrepreneurs that want to go this route should be well prepared and display these five key essentials that funders look for when considering investing.1. Know your market Clear and thorough market and competitor analysis is the mainstay of any successful business concept -- even more so when seeking funding. Understanding who ...
They say that starting a business with a partner is like a marriage. What they don't tell you is that if your marriage does really well it's like having a few hundred kids too. When things go wrong they can go really wrong, so here are ten tips for picking the right startup co-founder.Do not marry Lorena Bobbit The first and probably most obvious part of the selection process is to try avoid starting a tech company with a ...
Death is the default for startups, reckons Amazon Web Services Technology Evangelist Simone Brunozzi. Apart from having a really cool Twitter handle @Simon, Brunozzi has founded a few startups himself, so speaks with some authority.Speaking at a Tech4Africa conference in Johannesburg he mentioned that there was quite a bit of confusion at what constituted a "startup". He emphasised that most new businesses in the world were actually not startups, but were "service companies".I guess they like to call themselves "startups" ...
There has been a lot of discussion lately about US jobs and Silicon Valley's role in helping to rebuild the US workforce. US government officials and many others believe that Silicon Valley is key to reviving US jobs growth. But is this really true?It's worth revisiting an article in Bloomberg Businessweek from last year, written by Andy Grove, a veteran Silicon Valley executive who helped build one of its most successful companies: Intel.Andy Grove worked with the early founders ... Silicon Valley veteran Steve Blank, writing in Xconomy, does a great job in describing six types of startups and how a clear understanding of the needs of each is necessary by national and local governments seeking to foster more innovation:1. The lifestyle startup On the California coast where I live, we see lifestyle entrepreneurs like surfers and divers who own small surf or dive shop or teach surfing and diving lessons to pay the bills so they can surf and dive ...
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