article thumbnail

Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

Rather than focus the university inward on research, Terman took the radical step of encouraging Stanford professors and graduate students to start companies applying engineering to pressing military problems. Urgency and risk-taking in a startup are integral parts of the culture, felt by 100 percent of early-stage employees.

article thumbnail

Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. These resellers buy devices from the U.S. Discuss.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forget Presidential Politics: Here’s How We Create Jobs — And How You Can Help

Gust

As a native of Silicon Valley , I’ve witnessed the creative destruction of wave after wave of innovation as nearby corporate campuses repopulated themselves : From defense contractors to data centers , computer mainframe manufacturers to Internet search engines. Healthcare Reform. Yes, really.

article thumbnail

Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

Bottom line, early stage equity is very, very expensive. So at any point, if you are trying to raise money, and you are hearing from investors that you are too early and have too little validation, it may be a good thing. Then Liana Thompson pitched Trendy Loot , a very early stage deal site for low-end jewelry.

Valuation 119
article thumbnail

Startup Strategy Roundtable: Not Coming To The Rescue Of Victory

ReadWriteStart

Well, I have coached early stage entrepreneurs for a couple of years now - diligently, patiently - and have learned a few things. The first step is to develop some reference customers, something all early-stage startups should do. Telesales simply don't work without reference customers.

article thumbnail

Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

Bolpur is home to the Viswabharati university, as well as several other small engineering and professional colleges. But when I found out that Rajeev is a computer engineer, I suggested to him to build a cost-effective SEO services firm, which would be more interesting.

Cloud 117
article thumbnail

Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

In 1M/1M, I teach the EJ Methodology which is based on my Entrepreneur Journeys research, and emphasize bootstrapping, idea validation, and crisp positioning as some of the core principles of building strong fundamentals in early stage ventures. You can pitch to be featured on my blog following these instructions.

India 114