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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

Construction, utilities, transportation, retail, finance, insurance and real estate startups are industries that hit hardest on startups with an average failure rate among them of 40%. I have close friends in accounting and finance that have tapped into newer businesses and taken the ride with them as they have doubled and then doubled again.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. Is it any surprise to see Zulily in Seattle, Wayfair in Boston, ExactTarget in Indianapolis, TrueCar in Los Angeles, GroupOn in Chicago or BuzzFeed in NYC?

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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

For instance, I saw a local, Seattle startup with a high-value exact-match domain name that (if they launched in this segment) would have put them in direct competition with the likes of Microsoft Azure, Amazon Web Services and Google Cloud. In some cases, finding a serviceable niche among startup businesses can be very lucrative.

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Jason Fried is on Cloud Nine

Growthink Blog

Namely, on the cloud. Just take any week of venture financings these last few years and you will find that almost all of the companies funded to be cloud-delivered software businesses. DocuSign (Seattle, WA), Provider of electronic signature technology - $27 million. 10 million. Expedia to Travelocity. Basecamp Runs Easy.

Cloud 72
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How to Raise Money When You’re Not in a Major VC Market

Both Sides of the Table

They often ask whether they have to move to SF, NY or LA to get financed. ” I’m trying to get a feel for their commitment to local community versus being in a place where financing is easiest. So … Am I looking to add 8 trips / year to [name your location not already on my annual itinerary]. Ask SuperCell.

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29 Entrepreneurs Reveal the Pivots They’re Making in Their Business as a Result of Pandemic

Hearpreneur

When open houses in Seattle Real Estate shut down at the beginning of the pandemic my Photography business knew that Virtual Tours were going to be very important. Learning to pivot is the name of the game right now. You can't run a profitable business if your people aren't pleased. Thanks to Ben Zellner, 3000MileMyth ! #4-

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Who Just Raised A $225 Million Financing in North Carolina?

Feld Thoughts

Last Tuesday, while I was enjoying a week off the grid, AvidXchange announced they had raised a $225 million financing led by Bain Capital Ventures. This was an atypical investment for us as we participated in the financing through our Foundry Group Select fund. The post Who Just Raised A $225 Million Financing in North Carolina?