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Don’t Count on Crowd-Funding to Save Your Startup

Startup Professionals Musings

These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events. But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. Intellectual property is jeopardized.

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HOW TO: Build an App for Your Small Business

mashable.com

There are also tons of tools for creating your own microsites, Facebook apps, social networks, blogs and more. You can also get great recommendations from your existing network; just be sure to research portfolios, websites and references thoroughly before making a decision to work with a particular developer. PM OK, agree.

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Crowd-Funding is a Bad Approach for Startups

Startup Professionals Musings

These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events. But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. Intellectual property is jeopardized.